HICL Infrastructure is to spend 10m pounds to take bigger holdings in four public/private partnership projects.
The acquisition of further stakes in Romford Hospital, Fife Schools, Exeter Crown Courts and Stoke Mandeville Hospital will all come from subsidiaries of French firm Sodexo SA.
The deal takes HICL's total interests in these projects to 66.67% on Romford Hospital, 44.4% on Fife Schools and 100% on both Exeter Crown Courts and Stoke Mandeville Hospital.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
HICL's shares were up 0.24% by 09:23.
BS
-
8 of the best houses for sale with annexesThe best houses with annexes – from a period property in the Lake District to a 13th-century house with a two-bedroom annexe in Saltwood, Kent
-
Zelenskyy moves to appease Donald Trump – what happens now?Ukraine’s president Volodymyr Zelenskyy is conceding ground to secure the least-worst deal possible, says Emily Hohler
