Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Macquarie Funds Acquire Ceske Radiokomunikace for $763 Million

Dec. 6 (Bloomberg) -- Macquarie Group Ltd.’s infrastructure funds agreed to pay 574 million euros ($763 million) for Czech broadcasting provider Ceske Radiokomunikace AS.

The acquisition of a 100 percent stake in Prague-based Ceske Radiokomunikace is subject to approval by the Czech anti-monopoly office, Macquarie said in an e-mailed statement today.

Ceske Radiokomunikace controls transmission of analog and digital terrestrial signals for Czech public and commercial television and radio broadcasters. The company’s infrastructure includes 26 high-rise towers, 800 masts and 2,600 kilometers (1,615 miles) of fiber-optic cables, Macquarie said.

“The company has a unique tower and supporting network infrastructure and an impressive track record in successfully managing the television digital switch-over program,” Edward Beckley, Macquarie Funds’ senior managing director, said in the statement.

Macquarie is buying the Czech broadcaster from Falcon Group, a group of investors that is 75 percent controlled by funds managed or advised by Mid Europa Partners.

To contact the reporter on this story: Lenka Ponikelska in Prague at lponikelska1@bloomberg.net Ladka Bauerova in Paris at lbauerova@bloomberg.net

To contact the editor responsible for this story: Douglas Lytle at dlytle@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.