Member

Of course, in raising this, I have in mind RedBird IMI’s reported poison pill because I do not understand why Redbird thought it could transfer this to the Telegraph, even though it has since said it will not. Will the Minister be clearer than she was when I raised this during Oral Questions on 19 November and confirm that the law would prevent such a poison pill and therefore the control of and influence on the paper that such a situation would create? That is the critical bit I would like some clarity on. More generally, if the 15% cap was already utilised by one or more state-owned investors, would it also be possible for debt financing to be provided by an SoI, whether at the time of acquisition or at a later date? I have had a briefing from officials, which I found reassuring, but it would be helpful for the Minister to give that clarity on the record.