Skanska wins EUR 246m construction contract in UK

Swedish-based developer Skanska has been awarded a GBP 174 mln (EUR 246 mln) contract to redevelop Manor Hospital in Walsall, a large industrial town in the British West Midlands. Skanska itself will invest a total GBP 8.2 mln in the 33-year PFI scheme, giving it a 50% interest in the project company which will be co-owned with Innisfree.

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