Cordiant Digital completed the acquisition of Emitel from Astatine Investment Partners for $460m.

Cordiant Digital, a specialist investment fund, completed the acquisition of Emitel, an operator of terrestrial radio and television infrastructure, from Astatine Investment Partners, a private equity firm, for $460m. “In Cordiant we have an investor bringing both a long investment horizon and significant industry expertise; as such it can deploy capital, insight and patience to support us in our medium- and long-term growth plans in broadcasting and become an even more significant provider of outsourced digital infrastructure. We look forward to working with the Cordiant Digital team," Andrzej J. Kozlowski, Emitel CEO.