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 @aarrogan
24th May, 2020
RTÉ made €12 million offer for a stake in Maximum Media
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”.

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Get basic

*New subscribers only

You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

2 Yearly

€315

€248

Unlimited Access for 2 Years

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

Last exit: O’Brien says final goodbye to Irish media scene

Media Ian Guider 4 days ago

Bauer’s purchase of O’Brien’s radio empire is shake-up time

Media Willie O'Reilly 4 days ago

Emmy Award-winning couple draws up plans for animation hub in Dundalk

Media Elaine O'Regan 5 days ago

Willie O’Reilly: Media commission can’t be just a worthy talking shop

Media Willie O'Reilly 5 days ago