Macquarie Asset Management to acquire a 50% stake in TDC from PKA, PFA and ATP.

Macquarie Asset Management, an Australian global financial services group, agreed to acquire a 50% stake in TDC, a Danish telecommunications company, from Danish pension funds PKA, PFA, and ATP. Financial terms were not disclosed. "We would like to thank our co-shareholders for their partnership over the last seven years, and we are excited to further increase our stake to full ownership of TDC Group. We look forward to continuing to deliver on our strategy to accelerate the digitalisation of Denmark as TDC Group invests in its networks and technology to further enhance customer service, and network access, reliability and efficiency," Nathan Luckey, Macquarie Asset Management Head of Digital Infrastructure for EMEA.