M/21/008 – DMG Media / New Scientist

Transaction details

The proposed acquisition by DMG Media Limited of sole control of New Scientist Group Limited has been cleared by the Competition and Consumer Protection Commission.

CCPC Statement 09 March 2021: DMG Media Limited acquisition of New Scientist Group Limited

The Commission has been informed by the parties that the transfer of ownership in relation to proposed transaction occurred in the United Kingdom on the 3 March 2021. The parties have confirmed that notwithstanding the transfer of ownership, the status quo will remain as regards the minimal Irish activities of the Target, as is the requirement of the standstill obligation under section 19(1) of the Competition Act 2002 (as amended).

The Commission has informed the parties that pursuant to section 19(1) of the Competition Act 2002, as amended (“the Act”), any proposed merger or acquisition shall not be put into effect until the Commission has made a determination in relation to the merger or acquisition. If a proposed merger or acquisition is put into effect in contravention of section 19(1) of the Act, such proposed merger or acquisition is void pursuant to section 19(2) of the Act.

Notification date Decision date
Monday March 1, 2021 Monday, April 12, 2021
Parties Involved Business activities
DMG Media Limited

DMG Media Limited is a wholly owned subsidiary of Daily Mail and General Trust Plc (“DMGT”). DMGT operates a number of businesses in the State which involve the publication of localised Irish newspapers (the Irish Daily Mail and the Irish Mail on Sunday), as well as a number of websites.

New Scientist Group Limited

New Scientist Group Limited is an UK-incorporated company which owns and operates the New Scientist, a weekly magazine, (and associated digital content including a website, www.newscientist.com, and podcasts) focusing on science and technology content.

Economic sector Media merger
Media Yes
Submissions from third parties due by:
Phase 1 Phase 2
Thursday, March 18, 2021
Current status: Completed
Cleared (Phase 1)
Authorised Officer Assigned Contact Details
Tommy Burke

tommyburke@ccpc.ie

01 402 5503

Media enquiries: communications@ccpc.ie

Return to Merger Notifications

Join our mailing list

Sign up to receive the latest information about mergers:



Read our privacy statement

Haven’t found what you’re looking for?