The pension fund of the Royal Canadian Mounted Police has emerged as the latest bidder for the transmission company Arqiva.
The Sunday Times reports that Arcus Infrastructure Partners, which represents the Mounties fund, is planning a joint bid with London-based Arcus Infrastructure Partners.
Arqiva, which owns the majority of Britain’s transmission masts, finally confirmed it was for sale in May. It’s currently owned by the Canada Pension Plan and Australian investment giant Macquarie.
Other known bidders include Canadian property investor Brookfield and Cheung Kong Infrastructure, controlled by Hong Kong billionaire Li Ka-shing.
In addition to its television business, Arqiva has also benefitted from the 700 MHz clearance programme. Arqiva is responsible for the spectrum planning, network design, programme management, infrastructure changes, service continuity, asset replacement and retuning of broadcast transmitters to enable broadcasters to move to a lower frequency.
