Sale will see firm bank £22m in profit

Balfour Beatty

Balfour Beatty has sold its equity stake in Fife Hospital for £43m.

The PFI hospital in Scotland has been up and running since 2013 and Balfour Beatty said the sale to London-based Semperian PPP will bank it a £22m profit.

Balfour Beatty said the proceeds from the sale will be used to pay down debt and investing in new areas.