UPC buy TV3 for €80m


UPC_logo.svgLiberty Global has announced an €80m take-over of TV3 from Doughty Hanson & Co.

The international telecommunications and television company had its eye on the Irish broadcaster for some time, with the takeover being announced today.

CEO of UPC Ireland, Magnus Ternsjö said of the purchase: “The investment we are making today secures the long-term future of TV3”.

If you want to find out more about the investments of John Malone, Chairman of Liberty Global, read our blog post on the coverage of the 2018-2024 Olympic Games.

More to follow.