SRH eyes up new Dublin takeover

Scottish Radio Holdings is poised to add to its already significant stake in Irish media outlets.

The Broadcasting Commission of Ireland has approved in principle a €30m (£21m) takeover by SRH of the major Dublin radio station FM104.

The deal is expected to go through within a month. SRH is already the owner of the independent national station, Today FM. Its new acquisition will give it a sizeable presence in the highly competitive Dublin market, to which four new stations are expected to be added in the near future.

By Des Cryan in Dublin

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