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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