The Czech Republic’s national transmission company Ceske Radiokomunikace (CRa) has been sold by Falcon Group to the Australian investment company Macquarie. Local reports put the amount paid by the latter at €574 million.
The deal is the third in Central and Eastern Europe in little over a week involving Mid Europa Partners. Besides agreeing to sell the Polish cable operator Aster to Liberty Global, it disposed of its Total TV DTH assets in Croatia, which were bought by Austria’s BEWAG.
CRa is the main infrastructure operator in the Czech Republic and a key player in the country’s DTH sector.
Macquarie investment funds own around 34% of the UK transmission company Arqiva.