Skanska Sells 50% of Chilean Project

Skanska Sells 50% of Chilean Project

Chile M&A

Chilean Inversiones Infraestructura Dos has acquired 50% of highway project Antofagasta from Sweden-based Skanska for about SEK275m ($42.8m). Skanska was awarded the private-public-partnership (PPP) highway contract, with an expected construction contract value of SEK1.8bn ($250m) in May 2010. It includes 200 kilometers of roadway. Skanska generally holds 50% of concessions, says Amando Madan, finance director for Skanska ID Americas. Inversiones Infraestructura Dos was seen offering the right c

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