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Digital 9 takes stake in Arqiva Group
Transactions - JUNE 27, 2022

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Digital 9 takes stake in Arqiva Group

by Kali Persall

Digital 9 Infrastructure has agreed to acquire a 48 percent voting stake in Arqiva Group, which will be funded through a combination of £300 million ($368 million) in cash and a vendor loan note.

Arqiva is a U.K.-based data, network and communications service provider, the sole operator of digital terrestrial television and radio infrastructure in the United Kingdom and an “Internet of Things” connectivity platform for utilities.

Digital 9 acquired the stake from the Canada Pension Plan Investment Board, which first purchased a stake in Arqiva in 2009. The remaining shares in Arqiva are held by its existing shareholders.

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