Telegraph takeover: second investigation launched into Barclay family’s UAE-backed deal

3 months ago 39

UK government swiftly orders new review of public interest issues and possible competition concerns after later change in consortium’s structure

A second investigation has been launched into the Barclay family’s deal to transfer control of the Telegraph newspaper group, pushing the deadline for regulators’ reports on the public interest threat it poses by more than six weeks.

The UK government moved swiftly to order the second watchdog inquiry after the Barclays’ UAE-backed consortium partner revealed a last-minute corporate structure change.

Continue reading...
Read Entire Article