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Closing: Cordiant Digital Infrastructure Limited Acquisition of Emitel Now Closed

Closing: Cordiant Digital Infrastructure Limited Acquisition of Emitel Now Closed

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On November 21, 2022, Allen & Overy announced that Cordiant Digital Infrastructure Limited’s acquisition of Emitel (reported by CEE Legal Matters on January 28, 2022) had closed.

The seller - Alinda Capital Partners at the time of signing - has since rebranded as Astatine Investment Partners.

According to Allen & Overy, "the agreement to sell Emitel to CDIL was signed on January 4, 2022. As Emitel is listed among 13 Polish entities which are strictly overseen by the Polish government, the acquisition of its shares required obtaining special approval from the Ministry of State Assets."

Emitel is a terrestrial TV and radio broadcast infrastructure operator in Poland. It also designs and installs wireless communication systems and leases infrastructure to broadcasters and operators.

Cordiant Digital Infrastructure Limited is an investment company focused on investing in digital infrastructure assets in Europe and North America.

Astatine Investment Partners specializes in transportation, digital, and utility-related infrastructure investments in North America and Europe.

Allen & Overy’s updated team in Warsaw included Partner Jaroslaw Iwanicki, Counsel Marcin Czaprowski, Senior Associate Maciej Szykut, and Associates Jan Spierzak and Aleksandra Deszynski, as well as a team from the firm’s London office.

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