Skanska selling Chilean highway stake

Swedish conglomerate Skanska reports that it plans to sell its 50% share in Chile's Autopista Central Highway shortly.
February 29, 2012 Read time: 1 min
Swedish conglomerate 2296 Skanska reports that it plans to sell its 50% share in Chile's Autopista Central Highway shortly. The firm says it expects to gain some US$730 million for the sale, after tax, of its share in this key highway link. The PPP highway is in Chile's capital Santiago and is expected to stand as one of Skanska's most profitable investments ever.

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