Acquirer(s)

  • Illyria

Target(s)

  • Indian Premier League Twenty20 team

Summary

Illyria acquired a stake in an Indian Premier League Twenty20 team

Market definition

The ACCC did not consider it necessary to form a definitive view in relation to market definition.

Competition analysis

The ACCC did not consider that the acquisition would be likely to raise any competition issues due to the size of the ownership stake and the way in which broadcast rights are to be sold in Australia.