South Korean Insurers to Buy 20% of UK Roadway Operator Connect Plus
Posted on 03/08/2018
In the latest play on U.K. infrastructure, South Korean institutional investors are purchasing a 20% stake in Connect Plus – operator of London’s massive M25 concentric motorway – for £184 million (US$ 255 million) from local infrastructure group Balfour Beatty plc. Connect Plus was awarded a £6.2 billion, 30-year government contract to expand and maintain […]
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