HICL on Sodexo spending spree

published 28 August 2012

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.