M/10/012 – MLM Management Ltd/Gaiety Investments Ltd/Setanta/JV

Transaction details

The Competition Authority today, 20 May 2010, cleared the proposed transaction whereby MLM Management Limited and Gaiety Investments would acquire joint control of each of Setanta Sports Channel Ireland Limited and Setanta Sports Hibernia S.a.r.l.

Notification date Decision date
Wednesday May 5, 2010 Thursday, May 20, 2010
Parties Involved Business activities
Fuel Distributors Ltd
Joseph Enright
MLM Management Limited

MLM is an acquisition vehicle.

Gaiety Investments

Gaiety's main activities are the promotion of live music and other events.

Setanta Sports

Setanta is engaged in the broadcasting and production of the Setanta sports television channels aimed at Republic of Ireland and Northern Ireland audiences.

Economic sector Media merger
Television broadcasting Yes
Submissions from third parties due by:
Phase 1 Phase 2
Saturday, May 15, 2010
Current status: Completed
Cleared (Phase 1)
Authorised Officer Assigned Contact Details
Ms. Elisa Ryan

Tel: 01 804 5446 Email: er@tca.ie

Media enquiries: MKC Communications: 01 7038600

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