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Metro/Herald AM

M/09/013

Completed

Transaction details

The proposed restructuring of Fortunegreen Limited whereby post transaction it will be jointly controlled by Irish Times Limited, DMG Ireland Holdings Limited and Independent Newspapers (Ireland). Fortunegreen Limited will develop a single daily free newspaper replacing the current Metro and Herald AM newspapers.
Case details
  • Notification date:16 July 2009
  • Publication date:16 July 2009
  • Economic sector:Publishing & media production - J
  • Economic sub-sector:Publishing activities - J.58
  • Media merger:Yes
  • Outcome:Cleared with proposals
Documents
Timetable

Phase One

  • Friday, 17 July, 2009 Notification received
  • Thursday, 30 July, 2009 Third party submission deadline
  • Friday, 17 July, 2009 Proposals received
  • Thursday, 27 August, 2009 Determination issued

Phase Two

  • Thursday, 27 August, 2009 Phase 2 begins
  • Thursday, 17 September, 2009 Third party submission deadline
  • Monday, 2 November, 2009 Proposals received
  • Friday, 6 November, 2009 Phase 2 determination issued
Parties Involved

The Irish Times Limited

ITL publishes the daily title Irish Times and, through a joint venture with ANL, the daily free title Metro.

 

DMG Ireland Holdings Limited

DMG publishes the Irish Daily Mail and the Irish Mail on Sunday.

 

Independent Newspapers (Ireland) Limited

INM Independent is a wholly owned subsidiary of INM. INM is a leading international newspaper and communication group.

 

Fortunegreen Limited

Fortunegreen publishes a daily free newspaper, Metro in the GDA.

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