Authority approves TCH radio purchase

IRISH EXAMINER owner Thomas Crosbie Holdings (TCH) has received formal approval from the Competition Authority for the proposed acquisition of a majority shareholding in radio stations WLR and Beat 102-103.

TCH has acquired a 75% shareholding in Beat 102-103. WLR FM managing director Des Whelan has increased his stake in the youth-oriented station to 25%.

Thomas Crosbie Holdings has acquired a 75% stake in award-winning Waterford radio station WLR FM.