UK Blocks Telegraph Ownership Changes Until Scrutiny Is Complete

The UK government has prohibited any changes to the ownership or control of the Telegraph newspaper pending its investigation of a bid by a United Arab Emirates-backed consortium.

Culture Secretary Lucy Frazer said in a statement Wednesday that she’s ordering the parties to refrain from any move without her prior written consent. The acquiring entities must take no steps to change their own structure, or alter the management of the Telegraph Media Group, she said.

Her move is the latest twist in the Telegraph saga, in which a bid made by RedBird IMI — a vehicle majority owned by ...