Skanska's sale of its investment in the A1 highway in Poland expected to be completed in the first quarter 2017

As announced earlier, Skanska has signed a Sale and Purchase Agreement (SPA) for its investment in the A1 motorway in Poland. The transaction is now expected to be recorded by Skanska Infrastructure Development in the first quarter of 2017 instead of previously expected in the fourth quarter of 2016. 

The reason is that one of the partners, NDI Autostrada, has exercised its right of first refusal and therefore the permit process has shifted somewhat in time. The terms of the deal are otherwise unchanged. The divestment to NDI Autostrada is conditional on approval from the Polish Competition Authority.

Skanska will announce the final amount and confirm the expected closing of the divestment in connection to the completion and payment of the transaction.

The previous stock exchange announcement about the divestment was published November 8, 2016.

Skanska Infrastructure Development is a leader in the global Public Private Partnerships (PPP) market. The business unit invests in, develops and operates roads, hospitals, schools, power plants and other social infrastructure in partnership with the public sector.

For further information please contact:

Andreas Joons, Press Officer, Skanska AB, tel +46 (0)10 449 04 94

Direct line for media, tel +46 (0)10 448 88 99

This and previous releases can also be found at www.skanska.com.

The information provided herein is such as Skanska AB is obligated to disclose pursuant to the EU market securities act (EU) no. 596/2014.

Skanska is one of the world’s leading construction and project development companies, focused on selected home markets in the Nordic region, other European countries and North America. Supported by global trends in urbanization and demographics, and by being at the forefront in sustainability, Skanska offers competitive solutions for both simple and the most complex assignments, helping to build a sustainable future for customers and communities. The Group currently has 43,100 employees in selected home markets in Europe and North America. Skanska's sales in 2015 totaled SEK 155 billion.