M/13/006 – Clare FM / Terence and Gay Mangan / Tipp FM
Transaction details
The proposed transaction whereby Clare Community Radio Holdings plc (Clare FM), Terence Mangan, Gay Mangan and Liam O’Shea, through Dreamglade Limited would acquire 56.1% of the issued share capital of County Tipperary Radio Limited (Tipp FM) has been notified to the Competition Authority.
| Notification date | Decision date |
|---|---|
| Thursday March 14, 2013 | Wednesday, April 10, 2013 |
| Parties Involved | Business activities |
|---|---|
| Clare Community Radio Holdings plc | Clare FM is a broad-format local commercial radio service targeting adults aged 15+ with a particular focus on 25+ year olds in County Clare. |
| County Tipperary Radio Limited | Tipp FM is a broad-format local commercial radio service targeting adults aged 15+ with a particular focus on 25+ year olds in County Tipperary. |
| Terence and Gay Mangan | Mangan Bros. Holdings has a business of leasing warehouse properties to a variety of tenants, primarily in the cash and carry and wholesale distribution trade. Mangan Retail Properties Limited has a business of licensing retail grocery stores to licensees in the west of Ireland. |
| Economic sector | Media merger |
|---|---|
| Radio advertising in County Tipperary and County Clare. | Yes |
| Submissions from third parties due by: | |
|---|---|
| Phase 1 | Phase 2 |
| Friday, March 29, 2013 | |
| Current status: Completed |
|---|
| Cleared (Phase 1) |
| Authorised Officer Assigned | Contact Details |
|---|---|
| Ms. Victoria Balaguer | Tel: 01-804 5451, email: vb@tca.ie |
Media enquiries: MKC Communications: 01 7038600
