Atkins completes sale of PFI investment
WS Atkins plc ("Atkins" or "the Group"), the design and engineering consultancy group, today announces it has completed the sale of its minority interest in RMPA Holdings Limited (which delivered the Colchester Garrison PFI project). This follows the disposal of its asset management business to Sodexo on 1 December 2011. The sale is to subsidiary undertakings of HICL Infrastructure Company Ltd, the ultimate parent company of an existing shareholder, for a net consideration of £14.4 million, comprising a gross consideration of £15.0 million less £0.6m in respect of amounts previously received under loan notes. The Group's investment will be reported as an asset held for sale at 31 March 2012.
