M/10/005 – Duke Street / Cardpoint / Alphyra / Payzone
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: 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: firstname.lastname@example.org
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