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MCG Notes Arqiva Acquisition of Inmedia |
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11 July 2005 Macquarie Communications Infrastructure Group (MCG) notes that Arqiva has today announced the acquisition of Inmedia Communications Limited from The Carlyle Group for £68.5 million. Please see attached Arqiva’s announcement. MCG owns 54% of Arqiva, which is one of two assets in MCG’s portfolio of communication infrastructure businesses. MCG also owns 100% of Broadcast Australia. MCG expects that this bolt-on acquisition by Arqiva will have a marginally positive impact on returns from the business to shareholders in the long term. MCG’s distribution guidance for 2006 remains unchanged at 36 cents per stapled security.
For further information, please contact:
Richard Nelson
Media Enquiries |
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