14th Apr 2015 08:09
LONDON (Alliance News) - HICL Infrastructure Co Ltd on Tuesday said it has acquired further equity interests in two existing projects from Hochtief Solutions PPP (UK) Ltd, a unit of German construction company Hochtief AG.
HICL has acquired a 40% interest in the Salford & Wigan Phase 1 Building Schools for the Future project and a 40% interest in the phase 2 portion of the contract for a total of GBP16 million.
HICL now holds 80% stakes in both projects.
Shares in HICL were down 0.2% to 154.63 pence Tuesday.
By Sam Unsted; [email protected]; @SamUAtAlliance
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