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Major contractor Kier Group has sold its 50% share of the Hinchingbrooke Hospital project to the Kier Group Pension Scheme for £3.1m. The deal is part of Kier's policy of selectively realising the value of the equity in its PFI portfolio.

Kier built and has also been providing the facilities management services at Hinchingbrooke Hospital, which it is contracted to continue to do for a further 27 years.

How does this all fit in with the take over at Hinchingbrooke by Circle Health in February. I am confused!

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By LongBaker at 10:57 on 19/12/11

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