Kerry Acquisitions & Clare FM & Dreamglade
In accordance with Part 3A of the Competition Act 2002 (the Act), as amended, the Minister was notified on 19 March 2019 of the Proposed Acquisition by Kerry Acquisition Limited of certain shares of Clare FM and the 52% of Dreamglade Limited which is not owned by Clare FM. In accordance with the Act, the Department undertook a 'Phase 1' examination of the merger in order to determine its potential effect on the plurality of media in the state. As a result of this examination the Minister made a determination, on 10 April 2019, that the proposed media merger will not adversely affect the plurality of media in the state and, as such, that it may be put into effect.
Copies of the letters containing the Minister's determination can be found below:
Clare FM Dreamglade Determination
Kerry Acquisitions Determination
Phase 1 Examination Report