Today FM, FM104 to go up for sale

Media group Emap is preparing to sell its Irish assets, which include two of the country’s most profitable radio stations, Today FM and FM104.

24th March, 2007

The company’s three Irish stations, which also includes Highland Radio in Donegal, are valued at over €150million, according to media sources. A review of the Irish operations is under way and will almost certainly lead to the British company selling its Irish stations.

The review follows the recent conclusion of a group-wide strategic review. While the stations are not officially for sale yet, potential buyers are aware that Emap is likely to...

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