M

Member

Speaking in the House of Lords on 2 December 2025

Debate

Enterprise Act 2002 (Mergers Involving Newspaper Enterprises and Foreign Powers) (No. 2) Regulations 2025

Contribution

Finally, I turn to the future ownership of the Telegraph. Of course, since the Minister last answered Questions, Daily Mail and General Trust has announced its intention to acquire Telegraph Media Group and is now in a period of exclusivity with Redbird IMI to finalise the bid. In her Written Statement of 24 November, the Secretary of State gave DMGT and Redbird IMI three weeks to complete the necessary work prior to making a submission to her for the transaction to proceed, which by my reckoning would take us to 15 December. This deadline is welcome, but can the Minister tell us what will happen if that deadline is not met?

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