M/05/029 – Setanta / NASN
Transaction details
Proposal whereby Setanta Media Holdings Limited (Setanta) would acquire approximately 75 per cent of the issued share capital of NASN Limited (NASN). On the same day, the Authority was notified of the related transaction, whereby it is proposed that Benchmark Europe II, L.P., would acquire approximately 48.25% of NASN Limited from Setanta. It is intended that the second transaction will be completed on the same day as completion of the first transaction. The Authority advised the Minister and the parties that it considers the transactions to be media mergers.
| Notification date | Decision date |
|---|---|
| Thursday June 9, 2005 | Friday, July 8, 2005 |
| Parties Involved | Business activities |
|---|---|
| Setanta | Broadcasting of televised sporting events |
| NASN | Produces and operates a specialist television channel dedicated to North American sports |
| Economic sector | Media merger |
|---|---|
| Media | Yes |
| Submissions from third parties due by: | |
|---|---|
| Phase 1 | Phase 2 |
| Current status: Completed |
|---|
| Preliminary investigation (Phase 1) |
| Authorised Officer Assigned | Contact Details |
|---|---|
| . | . |
Media enquiries: MKC Communications: 01 7038600
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