Takuechi Finance Takuechi Finance
Follow us on Twitter Follow us on LinkedIn Follow us on Instagram
Daily construction news
Weekly plant news

Construction News

Sat April 21 2018

Related Information
Related Information
Related Information
Related Information

News » UK » Atkins sells M25 stake » published 12 Dec 2016

Atkins sells M25 stake

Consulting engineer WS Atkins has signed an agreement for the sale of its minority PFI investment in the M25 motorway.

Edge Orbital Holdings 2 Ltd, a consortium of institutional investors arranged and advised by Macquarie Capital, has agreed to pay Atkins £66.3m in cash for its stake.

Subject to various third party consents, the deal is expected to close before the end of March.

Atkins is part of the Connect Plus consortium with Balfour Beatty, Skanska and Egis Road Operation UK, which was appointed by the Highways Agency in 2009 to manage the M25 for 30 years.




Download our free construction news iPhone / iPad app. Sign up to our FREE email newsletters or subscribe to our RSS feed for regular updates on the latest Construction News, Plant News & Contract News. The Construction Index also provides the latest Construction Tenders, Construction Market Data & Construction Law Commentary all FREE.

This article was published on 12 Dec 2016 (last updated on 25 May 2017).

More News Channels