Transaction details
The proposed acquisition of joint control of Aggrego Services LLC by Future Holdings Limited and Wrapports Ventures LLC has been cleared by the Competition Authority.
| Economic sector | Media merger |
| The industry sector involved is the market for the sale of online advertising in the Caribbean, South Pacific, Central America and the US. | Yes |
Notification date: Monday, January 27, 2014
| Parties Involved | Business activities |
| Future Holdings Limited | Future, which is part of the Digicel group is in turn controlled by Denis O''Brien who also controls the Communicorp group. The Communicorp group owns and operates radio stations in Ireland, Czech Republic, Hungary, Bulgaria, Latvia and Jordon. |
| Wrapports Ventures, LLC | Wrapports Ventures, LLC is a direct subsidiary of Wrapports, LLC. Sun-Times Media Holdings, LLC, which is ultimately controlled by Wrapports, LLC, operates through its subsidiaries Chicago's largest locally owned newspaper network. |
| Aggrego Services Limited | Aggrego is a media-technology company that seeks to blend new technology with traditional media business elements and components. |
| Case Officer Assigned | Contact Details |
| Elaine Cahill | Tel: 01-804 5482, e-mail: ec@tca.ie |
The deadline for any third parties who wish to make submissions regarding the competition aspects of this merger is:
| Phase 1 |
| Thursday, February 6, 2014 |
|
Current status |
Completed |
Sent to the Minister (Phase 1) |
Decision date: Monday, February 24, 2014
