NewsAllen & Overy advises Cordiant Digital Infrastructure Limited on its acquisition of České Radiokomunikace

Allen & Overy is advising Cordiant Digital Infrastructure Limited (CDIL) on its acquisition of České Radiokomunikace a.s., a leading telecommunications, media and technology infrastructure and services provider in the Czech Republic, from funds managed by Macquarie Asset Management.

The transaction is the first acquisition by CDIL, which has been established to invest in the core infrastructure of the digital economy – data centres, fibre optic networks and broadcast and telecommunication towers, “the plumbing of the internet” in the UK, Europe and North America. It follows on an IPO of CDIL which occurred in February this year.

London-based A&O partner Richard Evans commented: “The transaction illustrates the recent shift to digital infrastructure as an attractive asset class and we have been pleased to draw on an integrated cross-border team to assist CDIL with their first acquisition in the sector.

Prague-based partner Prokop Verner added: “České Radiokomunikace is a vital part of the Czech broadcasting, media and communications landscape so I am very proud of our role in advising Cordiant on this acquisition. Over the years we have had the privilege of advising Radiokomunikace on its major milestones and we look forward to continue to work with the business in the future as it goes from strength to strength.”

The Allen & Overy team was led in London by partner Richard Evans and counsel Jan Skuhravý working with Prague-based partner Prokop Verner. The Czech team further comprised senior associates Jakub Čech and Jana Vydrová, Czech lawyers Jan Spousta, Kristýna Tranová and Lucie Černá, and London trainee Juliette Aliker.

Antitrust and FDI regulatory aspects were handled by senior associate Ivana Halamová Dobíšková with the support of Brussels-based counsel Charles Pommies. Specialist tax advice was provided by senior associate Mark Spinney.