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Ireland biggest telecoms Eir in talks for takeover of Setanta Sports

bySahar
20/11/2015
in Uncategorized
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DUBLIN: Ireland’s biggest telecoms group Eir is in talks to acquire Setanta Sports, the Dublin-based pay television broadcaster.

The Irish Times has learned that talks are at an advanced stage with a deal likely to be completed in 2016, subject to regulatory approval and competition clearance.

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It is understood that Mickey O’Rourke, Setanta’s majority shareholder and co-founder, would remain with the business for a period after a deal is completed.

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