Skanska sells its equity stake in Royal Papworth Hospital in Cambridge, UK, for about GBP 9M, about SEK 110M
Skanska has signed a binding Stock Purchase Agreement (“SPA”) for its 50 percent ownership in the PPP project Royal Papworth Hospital i Cambridge, UK, for about GBP 9M, about SEK 110M. The buyer is Equitix Infrastructure 3 Ltd. Closing of the transaction is scheduled for September 30 and it will be recorded under the Central stream in the third quarter of 2022.After the divestment Skanska has no further PPP investment operations in the UK. Accumulated translation differences and accumulated exchange rate differences from currency hedges related to the PPP investment operations in the UK