Analyst Research

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Provider: Reuters Investment Profile
Provider: Wright Reports
Provider: Directors Deals Ltd.
Provider: MarketLine (a Datamonitor Company)

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Balfour Beatty Plc Disposes 50% Interest In Salford Hospital PFI Asset To HICL Infrastructure Company Ltd's Subsidiary

Monday, 1 Jul 2013 02:00am EDT 

Balfour Beatty Plc announced the disposal of its 50% interest in the Salford Hospital PFI asset to a subsidiary of HICL Infrastructure Company Ltd for a consideration of GBP22.0 million, generating a gain on disposal of GBP11.5 million. The proceeds from the transaction, which completed in June, exceed the Directors' valuation by GBP8.3 million. 

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