Tuesday June 2, 2020

RTÉ made €12 million offer for a stake in Maximum Media

Maximum and its majority owner Niall McGarry rejected the bid, as RTÉ was seen as a rival

Aaron Rogan

News Correspondent

24th May, 2020
Niall McGarry, founder of Maximum Media

RTÉ made an offer of €12 million for a stake in Maximum Media before the company‘s current difficulties, the Business Post has learned.

The national broadcaster made the indicative offer of €10 to €12 million for 49 per cent of the Irish digital publisher in 2018.

When asked about the bid, a spokesman for RTÉ said “no comment”.

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