Reach plc (LSE:RCH) agreed to acquire remaining 50% stake in Independent Star Limited from Independent News & Media PLC on July 23, 2020. The Irish Daily Star Newspaper will continue to trade through Independent Star Ltd, as a subsidiary of Reach plc. The deal is subject to competition approval. As on August 28, 2020, the transaction has been approved by Ireland's Competition and Consumer Protection Commission. As on November 20, 2020, Transaction has been approved by Minister for Media, Tourism, Arts, Culture and Sport in Ireland. The acquisition is expected to complete later in 2020. As of November 20, 2020, transaction is expected to close on November 23, 2020. Cian McCourt and Patrick Horan of Arthur Cox & Co. acted as legal advisors to Independent News & Media PLC.

Reach plc (LSE:RCH) completed the acquisition of remaining 50% stake in Independent Star Limited from Independent News & Media PLC for £3.4 million on November 24,2020. Cash acquired as part of of transaction is £2.3 million.