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http://www.ex-bbc.net/cgi-bin/yabb/YaBB.pl >> News and Comment >> Auction of UK Transmitters http://www.ex-bbc.net/cgi-bin/yabb/YaBB.pl?num=1380559347 Message started by Administrator on Sep 30^th, 2013, 4:43pm

Title: Auction of UK Transmitters
Post by Administrator on Sep 30^th, 2013, 4:43pm

Macquarie prepares to sell Arqiva stake

Australian pension fund manager Macquarie is to auction off its 25% stake in the transmission company for an anticipated £600 million.

Canadian pension funds including PSP Investments and Canada Pension Plan Investment Board (CPPIB) have been named as the most likely suitors with (CPPIB) potentially increasing its holding beyond the current 48%.

Arqiva runs the majority of the UK’s broadcast transmitter sites, as well as Freeview/DTT multiplexes, mobile transmitter masts and satellite uplink facilities. It is also a shareholder in YouView.

PSP and CPPIB are also in the frame for Arqiva’s French opposite number TDF.

Macquarie acquired the then NTL Broadcast in 2005, combining with National Grid Wireless (Crown Castle) two years later.

Arqiva in February completed debt refinancing, when it raised £3.6bn from banks and bond markets, together with a contribution of nearly £900m from shareholders.

In February 2013, Arqiva received a £867 million refinancing.

This was from www.broadbandtvnews.com.

Title: Re: Auction of UK Transmitters
Post by Mikej on Oct 3^rd, 2013, 10:37am

Perhaps the BBC Transmission Department could buy the Tx masts?

Mike