Macquarie


Macquarie completes acquisition of KCOM

Private equity outfit Macquarie Infrastructure and Real Assets (MIRA) has, via Macquarie European Infrastructure Fund 6, completed the acquisition of Hull telco and broadband service provider KCOM for £627 million. KCOM’s board recommended the sale of the company to the Macquarie fund in July after a competitive auction process. The company delisted from the London […]

Macquarie to invest in UK rural broadband

Investment outfit Macquarie Capital is to invest in UK rural high-speed broadband business Voneus with an initial commitment of £10 million and the potential to invest up to £30 million in phases. Proceeds will be used to refinance debt and support the roll out of further high-speed broadband to communities in rural parts of the […]

Macquarie Capital names software head

Infrastructure investment outfit Macquarie Capital has named Simon Russell as managing director and head of software in Europe. Based in London, Russell joins from PwC, where he was an equity partner and led its global TMT corporate finance advisory practice. Prior to PwC, he held senior positions advising on public and private markets M&A and […]

TDC to sell Norwegian business to Telia for €2.2bn

Danish telco TDC has agreed to sell its Norwegian business to Sweden’s Telia for NOK21 billion (€2.2 billion). TDC is selling cable operator Get and telecom subsidiary TDC Norway to Telia, leaving the Danish company to focus on its domestic operation. Telia said that the agreement would position it as a strong challenger in mobile, […]

TDC CEO to quit as Macquarie acquisition signals change in direction

Danish cable and telecom operator TDC’s CEO Pernille Erenbjerg is to leave the company after a transitional period, with Mike Parton appointed as temporary chairman of the company. Parton is currently chairman of Tele2, where he led the successful merger of the Swedish mobile group with cable operator Com Hem. He said following the conclusion […]

Macquarie outlines scenarios for Sky, Comcast, Disney and Fox

Analysts at infrastructure investment group Macquarie have outlined four scenarios for Sky following Comcast’s announcement that it would bit for Sky, and upgraded its target on Sky to 1450p a share and suggesting that one scenario could place a value of close to US$100 billion on a deal. The analysts said that Comcast could bid […]

TDC accepts €5.4bn takeover, drops MTG plan

TDC’s board has recommended shareholders accept a €5.4 billion takeover offer from a consortium of bidders, in a move that lays to rest plans to buy MTG’s Nordic broadcasting and entertainment business. TDC received an offer from Macquarie Infrastructure and Real Assets and three pension funds – PFA, PKA and ATP – to buy the […]

Arqiva reportedly ‘making plans’ for £5 billion sale

UK transmission and media services provider Arqiva is making plans for a £5 billion (€5.9 billion) sale that would see it abandon plans for a stock-market listing, according to a report by Sky News. According to Sky News, which did not name its sources for the story, Arqiva is close to hiring banks to advise […]

Macquarie acquires Slovakia’s Towercom

Private equity group Macquarie’s European Infrastructure Fund 4 has agreed the acquisition of 100% of Slovakian transmission services provider Towercom from Hampden Investments. Edward Beckley, the CEO of Macquarie Infrastructure and Real Assets for Europe, said that Towercom was a successful operating company in a stable and growing economy and that under Macquarie it would […]

Canadian pension funds vie for Macquarie’s Arqiva stake

Two Canadian pension funds are reportedly looking to buy a 25% stake UK communications infrastructure and media services firm Arqiva.  According to a Financial Times report, PSP Investments and the Canada Pension Plan Investment Board – which already owns 48% of Arqiva – are expected to compete for the stake that is being sold by […]