Carillion has agreed to sell its healthcare FM business to Serco for £50m.
The deal is subject to third party consents and shareholder approval. Carillion aims to receive “the bulk of the proceeds” during the first half of next year.
The troubled construction and support services group said it intends to dispose of the remaining contracts in its UK healthcare FM portfolio during 2018.
It added that it is targeting further “non-core disposals with aggregate consideration anticipated of over £300m” by the end of next year.
Register for free or sign in to continue reading
This is not a paywall. Registration allows us to enhance your experience across Construction Management and ensure we deliver you quality editorial content.
Registering also means you can manage your own CPDs, comments, newsletter sign-ups and privacy settings.
