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News 2026-10-16 09:42 UTC

UK clears Axel Springer takeover of Telegraph newspaper group

LONDON, Oct 16 (Reuters) — Britain's culture minister Lisa Nandy said on Friday she would not refer Axel Springer's planned purchase of the Telegraph Media Group to a more detailed competition investigation, clearing the way for the deal to proceed. Nandy said the Public Interest Intervention Notice, known as PIIN, iss