M/21/026 CVC/Six Nations Rugby
Transaction details
The proposed acquisition by CVC Funds of certain ownership interests in the business of Six Nations Rugby Limited, has been cleared by the Competition and Consumer Protection Commission.
Notification date | Decision date |
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Friday May 14, 2021 | Thursday, June 24, 2021 |
Parties Involved | Business activities |
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The CVC Network | The CVC Network is a private equity and investment advisory firm. The CVC Network consists of CVC Capital Partners SICAV-FIS S.A. and each of its subsidiaries from time to time, and CVC Capital Partners Advisory Group Holding Foundation and its subsidiaries from time to time. The CVC Network provides investment advice to and/or manages investments on behalf of certain funds and investment vehicles on behalf of CVC Funds. The CVC Funds hold interests in a number of companies active in a variety of industries around the world, including in chemicals, utilities, manufacturing, retailing and distribution, primarily in Europe, the US and the Asia-Pacific region. |
Six Nations Rugby Limited | Six Nations Rugby Limited acts as agent of the Unions for the commercialisation of media rights and sponsorship packages in relation to all of the annual Six Nations Rugby Championship, the Autumn Internationals series and certain other related commercial rights (together referred to as the Six Nations Business). The Unions are the following: the English Rugby Football Union (RFU), the Fédération Française de Rugby (the French Rugby Federation) (FFR), Federazione Italiana Rugby (the Italian Rugby Federation) (FIR), the Irish Rugby Football Union (IRFU), the Scottish Rugby Union Limited (SRU) and The Welsh Rugby Union Limited (WRU). |
Economic sector | Media merger |
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Entertainment & Recreation | No |
Submissions from third parties due by: | |
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Phase 1 | Phase 2 |
Monday, May 31, 2021 |
Current status: Completed |
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Preliminary investigation (Phase 1) |
Authorised Officer Assigned | Contact Details |
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Kathryn MacGuill | Tel: (+353)1 4703692 E-mail: kathrynmacguill@ccpc.ie |
Media enquiries: communications@ccpc.ie