M/10/005 – Duke Street / Cardpoint / Alphyra / Payzone
Transaction details
The Competition Authority cleared, on 3 March 2010, the proposed acquisition by Duke Street of sole control of Cardpoint Limited and Alphyra Holdings Limited, both wholly owned subsidiaries of Payzone plc.
| Notification date | Decision date |
|---|---|
| Tuesday February 9, 2010 | Wednesday, March 3, 2010 |
| Parties Involved | Business activities |
|---|---|
| Duke Street VI Fund | Duke Street: is an independent private equity company, with offices in the UK and France. Duke Street manages a range of 10-year funds. |
| Payzone plc | Payzone: Payzone's network is primarily engaged in the acceptance of cash payments for the services of its partners through its network of retail agents. Payzone also provides non-retail payment services (eg: acceptance of debit and credit card payments online, in conjunction with third party banking parties). |
| Economic sector | Media merger |
|---|---|
| Electronic transaction / payment services in the State (including, for example, in respect of electronic mobile phone top-up, utility top-up and bill payment and EFT processing.) | No |
| Submissions from third parties due by: | |
|---|---|
| Phase 1 | Phase 2 |
| Saturday, February 20, 2010 | |
| Current status: Completed |
|---|
| Cleared (Phase 1) |
| Authorised Officer Assigned | Contact Details |
|---|---|
| Mr. Andrew Rae | Tel: 01-804 5420, email: ar@tca.ie |
Media enquiries: MKC Communications: 01 7038600
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