Balfour Beatty sells 12.5% stake in Connect Plus to Dalmore Capital for £103m

Balfour Beatty sold a 12.5% stake in M25 operator Connect Plus to private equity firm Dalmore Capital for £103m. The deal is expected to generate a £53m profit for Balfour Beatty.

“This transaction emphasises the ongoing attractiveness of our infrastructure assets and is in line with our declared intent to maximise value for shareholders.”building.co.uk

• 1 source
• building.co.ukBalfour Beatty sells stake in M25 operator for £103m | News | BuildingJordan Marshall 2017-12-21T10Dec 21, 2017

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