Ireland clears Live Nation-MCD Productions merger

Subject to several legally binding commitments, Irish competition authority CCPC has approved the acquisition of MCD by Live Nation-Gaiety

News By | 8 July 2019

MCD's Longitude festival took place last weekend

Following an investigation, the Republic of Ireland’s Competition and Consumer Protection Commission (CCPC) has cleared the acquisition of MCD Productions by LN-Gaiety Holdings (LNG).

LNG – a joint venture between Live Nation UK and Denis Desmond’s Gaiety Investments – announced last August it planned to acquire Desmond’s company MCD Productions. Cork-born Desmond succeeded John Probyn as Live Nation’s chairman in the UK and Ireland in 2015, although MCD – founded by Desmond and Eamonn McCann in 1980, and…

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