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UK Culture Secretary ready to intervene in Sky's £1.6bn deal to buy ITV's media business

Culture Secretary Lisa Nandy said she is 'minded to intervene' in Sky's deal to buy ITV's media and entertainment division for £1.6bn ($2.1bn), citing risks to news pluralism and broadcasting diversity. She is considering issuing a public interest intervention notice, which would trigger Ofcom and CMA reviews. The parties have until 20 October to respond.

3 min read