CVC Funds/Celtic Rugby DAC
Transaction details
The proposed acquisition by CVC Funds of a certain ownership interest in the businesses of Celtic Rugby DAC, has been as been cleared subject to a binding commitment, by the Competition and Consumer Protection Commission.
Case details
- Notification date:12 November 2019
- Publication date:12 November 2019
- Economic sector:Publishing & media production - J
- Economic sub-sector:Broadcasting & content activities - J.60
- Outcome:Cleared with proposals
Documents
M.19.034 Merger AnnouncementPDF | 127 KBM.19.034 Merger Announcement PDF | 127 KB - Opens in new window
M.19.034 DeterminationPDF | 1004 KBM.19.034 Determination PDF | 1004 KB - Opens in new window
Timetable
Parties Involved
CVC Funds
The CVC Network consists of CVC and each of its subsidiaries from time to time, and the CVC Capital Partners Advisory Group Holding Foundation and each of its subsidiaries from time to time, which are privately owned entities whose activities include providing investment advice to and/or managing investments on behalf of the CVC Funds. The CVC Funds hold interests in a number of companies in various industries including chemicals, utilities, manufacturing, retailing and distribution, primarily in Europe, the US and the Asia -Pacific Region.
Celtic Rugby DAC
The principal activity of Celtic Rugby is the ownership, management and commercialisation of the broadcasting and sponsorship rights of the PRO14. The PRO14 is an international professional rugby union competition involving fourteen rugby clubs; two from Scotland, two from South Africa, two from Italy, four from Wales and four from Ireland.
Contacts
Kathryn MacGuill kathrynmacguill@ccpc.ie
