Bloomberg News

Balfour Beatty to Sell PFI Stake, Independent on Sunday Reports

April 01, 2012

Balfour Beatty Plc (BBY) is set to sell its stake in a Private Finance Initiative scheme, the Independent on Sunday reported, without saying where it got the information.

Ian Tyler, Balfour’s chief executive officer, is poised to sell the group’s one-third stake in University College Hospital in central London, the newspaper said, without citing sources.

To contact the reporter on this story: Keith Jenkins in London at

To contact the editor responsible for this story: Dick Schumacher at

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