Kier completes disposal of KHSA Limited to Downer Group
Further to its announcement of 15 November 2018, Kier Group plc, a leading infrastructure services, buildings and developments & housing group, announced that, on 21 December 2018, it completed the disposal of KHSA Limited to Downer Group for a total consideration of up to AUS$43.7m (US$ 30.83 million), subject to an escrow arrangement.
KHSA provides road asset management and maintenance services in Australia
Cash consideration of AUS$41.7m (US$ 29.42 million) was received on completion.
Country updates
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December 27, 2018
Victorian Government partially completed New Schools in PPP scheme
The Victorian Goverment has already completed 12 of the 15 facilities comprising the New Schoos PPP Project. Schools opened in 2017: Casey Central East Primary School (Cranbourne North) Cranbourn...
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December 20, 2018
Technical advisor sought for Australian road projects
The Major Road Projects Authority (MRPA) of the government of Victoria, a state in the south-east of Australia, has issued a Request for Proposals (RFP) for technical advisory services. MRP...
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December 14, 2018
Sydney Metro considering PPP for Metro West project
Sydney Metro has disclosed that it is considering using a public-private partnership (PPP) to deliver Sydney Metro West. This rail project would connect the central business districts of Syd...
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December 14, 2018
Over 100 firms interested in US$11 billion rail project in Melbourne
The Premier and Minister for Transport Infrastructure of Victoria, a state in the south-east of Australia, have announced that more than 100 local and global organisations have participated in th...
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December 12, 2018
Package of 10 schools delivered in Queensland
The Plenary Schools consortium partnered with the Queensland Government has delivered a package of 10 schools across southeast Queensland, Australia. Over five years, the initiative has successfully...
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