News Corp buys Wireless Group

Goodbody acted as an adviser to Wireless Group on the sale to News International.

Company
Wireless Group plc
Transaction
Sector
Activity
Broadcasting & digital media
Date
Country
Ireland - UK

Wireless Group plc (formerly Ulster Television - UTV Media) is a publicly listed Northern Ireland based broadcast media group and a long-standing client of Goodbody. Over the years it expanded into radio in Britain and the Republic of Ireland. The main asset is TalkSport, a successful sports radio franchise in Britain, along with a portfolio of radio stations in the Republic of Ireland. Following the sale of the UTV assets in 2015, News International acquired the remainder of the business via a successful agreed public offer (£220m).