Contractor makes a 拢4.3m profit on Oldham and Norwich stakes

Kier has cashed in on its PFI stakes in Oldham and Norwich schools to make a 拢4.3m profit.

The stakes were sold to a joint venture between HICL Infrastructure Company and Kajima Partnerships for 拢9.2m.

Kier 鈥 which built the schools 鈥 will continue to provide FM services for a further 21 years at Norwich and 22 years at Oldham.