EIR may buy Setanta Sports, says Irish Times

It reports that talks are at an advanced stage

US firm seeks full control of Eir. Pic: RollingNews

The telecoms group Eir is in talks to buy Setanta Sports, the Irish Times reports.

The newspaper reports that talks are at an advanced stage with a deal likely to be completed in 2016, subject to regulatory approval and competition clearance.

It said it understands hat Mickey O’Rourke, Setanta’s majority shareholder and co-founder, would remain with the business for a period after a deal is completed.

In the next few weeks Eir will ...