Dublin based Communicorp has completed its purchase of three Irish radio stations previously owned by media firm EMAP. Communicorp's takeover of Donegal's Highland Radio, Dublin's FM104 and Ireland-wide Today FM began last July. There were delays because of concerns expressed by competition regulators regarding Communicorp's dominance in the Dublin radio sector, but the deal got the go ahead after it was agreed that FM104 would be sold on to Belfast based UTV Media as soon as the EMAP/Communicorp deal was completed. As the deal received regulatory approval there were additional reports in the Irish media that Communicorp would also sell off Highland Radio as well, putting the three former EMAP stations into three separate hands.
The deal relating to EMAP's Irish radio stations is separate to and preceded the sale of EMAP's UK radio division to German media firm Bauer, as part of a deal which also included the sale of the UK media company's consumer magazines.