Digital 9 Infrastructure completed the acquisition of a 48% stake in Arqiva from Canada Pension Plan Investment Board for £300m.

Digital 9 Infrastructure, an investor in the infrastructure of the internet, completed the acquisition of a 48% stake in Arqiva, a wireless infrastructure provider of television and radio broadcasting services, from Canada Pension Plan Investment Board, an investment management firm, for £300m. "We believe the safe and reliable access to data and content across multiple devices and the closer connectivity between broadcasters, utilities and their customers will contribute to the UK's sustainable economic development. Arqiva is a long-standing trusted communications infrastructure operator in the UK and complements our investment mandate to build resilient infrastructure, promote inclusive and sustainable industrialisation, and foster innovation. Arqiva expands the Company's exposure to wireless networks and will support the Company's total return and yield targets as we continue to build a high-quality portfolio of scalable platforms and technologies," Phil Jordan, Digital 9 Infrastructure Chair.