Monday, 24 February 2014

Live Nation takes complete ownership of O2 Dublin

Live Nation has acquired complete ownership of the O2-branded arena venue in Dublin in a 35 million euro deal that values the building at 70 million euros. Already an equal partner in the O2, Ireland's biggest indoor arena, LN recently utilised its 'first refusal' right to buy the rest of the equity in the venue venture, which was in the control of the Irish government's National Asset Management Agency following its dealings with the original co-owner of the complex, Dublin Docklands developer Harry Crosbie.

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