20 July 2016
We are advising Virgin Media, a wholly-owned subsidiary of Liberty Global, on its acquisition of UTV Ireland from ITV plc. The agreement also includes a comprehensive 10 year output deal for Ireland for ITV produced programming.
The acquisition is subject to competition and regulatory approval from the Competition and Consumer Protection Commission and the Broadcasting Authority of Ireland as well as a separate media plurality test by the Irish Government. It is expected the transaction will be cleared in the coming months. On completion of the acquisition, UTV Ireland will become part of Virgin Media.