New Owners of the Broadcast Australia Group

29 Sep 2009

On 22nd July 2009, Macquarie Communications Infrastructure Group (MCG) was acquired by the Canada Pension Plan Investment Board (CPPIB).

Upon the completion of this acquisition, CPPIB took control of the Broadcast Australia Group of companies, including 100% of Broadcast Australia, The Bridge Networks and Hostworks. The acquisition of MCG also resulted in CPPIB taking control of the MCG interests in Airwave (UK) and Arqiva.

CPPIB representatives Graeme Bevans (Vice-President and Head of Infrastructure) and Robert Wall (Principal - Infrastructure), spent some time in Sydney recently to meet and greet the local teams in their new roles as members of the Board of Broadcast Australia. Speaking with staff members within the Broadcast Australia Chatswood office, Graeme took time to inform the team on the background to CPPIB and its focus for the future.

CPP Investment Board is a professional investment management organisation that invests the assets of the Canada Pension Plan on behalf of 17 million Canadians. It has CAD$116.6 billion of surplus assets under management. More information on the CPPIB can be at www.cppib.ca/

Picture Caption: CPPIB brief Broadcast Australia Group staff