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LONDON DAILY ARCHIVE

UK gives Telegraph deal parties until April 2 before deciding on lengthy probe

The UK has extended the deadline to April 2 for those involved in the UAE-led acquisition of the Telegraph newspaper to submit their arguments to the government.

26 March 2024 · 00:57 UTC

This comes before a decision on whether to conduct a thorough investigation by the market’s regulator. Media Secretary Lucy Frazer, indicating last week a potential move towards an in-depth "Phase 2" review, agreed to this extension from the original March 25 deadline after a request from a involved party.