M/13/006 – Clare FM / Terence and Gay Mangan / Tipp FM
Transaction details
The proposed transaction whereby Clare Community Radio Holdings plc (Clare FM), Terence Mangan, Gay Mangan and Liam O’Shea, through Dreamglade Limited would acquire 56.1% of the issued share capital of County Tipperary Radio Limited (Tipp FM) has been notified to the Competition Authority.
Notification date | Decision date |
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Thursday March 14, 2013 | Wednesday, April 10, 2013 |
Parties Involved | Business activities |
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Clare Community Radio Holdings plc | Clare FM is a broad-format local commercial radio service targeting adults aged 15+ with a particular focus on 25+ year olds in County Clare. |
County Tipperary Radio Limited | Tipp FM is a broad-format local commercial radio service targeting adults aged 15+ with a particular focus on 25+ year olds in County Tipperary. |
Terence and Gay Mangan | Mangan Bros. Holdings has a business of leasing warehouse properties to a variety of tenants, primarily in the cash and carry and wholesale distribution trade. Mangan Retail Properties Limited has a business of licensing retail grocery stores to licensees in the west of Ireland. |
Economic sector | Media merger |
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Radio advertising in County Tipperary and County Clare. | Yes |
Submissions from third parties due by: | |
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Phase 1 | Phase 2 |
Friday, March 29, 2013 |
Current status: Completed |
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Cleared (Phase 1) |
Authorised Officer Assigned | Contact Details |
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Ms. Victoria Balaguer | Tel: 01-804 5451, email: vb@tca.ie |
Media enquiries: MKC Communications: 01 7038600