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Skanska's divestment of its ownership stake in the LaGuardia Terminal B in New York, USA, is completed

Friday, January 12, 2024 03:01 AM | PR Newswire via QuoteMedia

Skanska's divestment of its ownership stake in the LaGuardia Terminal B in New York, USA, is completed
Skanska's divestment of its ownership stake in the LaGuardia Terminal B in New York, USA, is completed

PR Newswire

STOCKHOLM , Jan. 12, 2024 /PRNewswire/ -- As announced earlier, on 6 December 2023 Skanska signed Sale and Purchase Agreements for its 32 percent ownership stake in LaGuardia Gateway Partners LLC New York, USA. All required governmental approvals were obtained end of December and closing has now been achieved. The transactions will be recorded under Central stream in the fourth quarter of 2023. The sales price has been adjusted with distributions received since the contracts were signed. Net sales proceeds after paid transaction costs and other items is USD 112M , about SEK 1.2 billion . Settlement of the sales price was made in two almost equal installments, one in December 2023 and the second in January 2024 .

For further information please contact:

Magnus Eriksson , Managing Director Asset Management, tel +01 703 629 06 68
Jacob Birkeland , Head of Media Relations and Public Affairs, tel +46 76 899 7269
Direct line for media, tel +46 (0)10 448 88 99

This and previous releases can also be found at www.skanska.com .

The following files are available for download:

https://mb.cision.com/Main/95/3908333/2536294.pdf

20240112 US divestment ownership LaGuardia completed

Cision View original content: https://www.prnewswire.com/news-releases/skanskas-divestment-of-its-ownership-stake-in-the-laguardia-terminal-b-in-new-york-usa-is-completed-302033472.html

SOURCE Skanska

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