Skanska’s divestment of its investment in the M25 motorway in London, UK, will be recorded 2016

As announced earlier, Skanska has signed a Sale and Purchase Agreement (SPA) for its investment in the M25 motorway in London, UK. The purchase price, which initially was reported to be about SEK 2.9 billion, amounts to about SEK 3.1 billion as a result of the transaction already being hedged. The divestment will be recorded by Skanska Infrastructure Development during the fourth quarter 2016. 

The deal will be closed and the payment will be settled during the first quarter of 2017.

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 and other 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