Construction News

Sat October 31 2020

Related Information

Balfour Beatty raises £21m through two sales

26 Apr 10 Balfour Beatty has announced the sale of two investments, which will make a combined profit of £21m for the construction firm.

Balfour Beatty has announced the sale of two investments, which will make a combined profit of £21m for the construction firm.

These are:

  • its entire 50% interest in Aberdeen Environmental Services to Kelda Non-Reg Holdco Limited, an affiliate of Kelda Water Services, the other shareholder; and
  • a 23.9% interest in Consort Healthcare to ERI Holdings, the other shareholder, which is wholly-owned by Barclays Integrated Infrastructure Fund, for £24.1m.

Got a story? Email news@theconstructionindex.co.uk

MPU

Click here to view more construction news »