Competition watchdog to examine Beacon deal by O'Brien

The Competition Authority has begun an initial investigation into billionaire businessman Denis O'Brien's deal to buy the Beacon Hospital in Dublin.

19th October, 2014

The Competition Authority has begun an initial investigation into billionaire businessman Denis O'Brien's deal to buy the Beacon Hospital in Dublin.

According to the authority's website, the state watchdog has started a ''preliminary investigation into the proposed acquisition of Beacon Medical Group Sandyford, the hospital's holding company, by Linkbey Investment Holdings, an investment vehicle set up to take control of the hospital.

The Competition Authority started its phase-one investigation last week and interested parties have...

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