Bilfinger Berger completes acquisition of infrastructure projects

Bilfinger Berger Global Infrastructure has completed the acquisition of interests in three projects from Assura Group for 9m pounds.The company is buying the equity and subordinated debt interests in Liverpool & Sefton Clinics, North London Estates Partnerships and Mersey Care Mental Health Hospital.The Liverpool & Sefton Clinic project is a UK concession to develop, fund, build, operate and manage primary healthcare facilities in Liverpool and Sefton. The North London Estates Partnership project is a UK concession to develop, fund, build, operate and manage primary healthcare facilities around Barnet, Enfield and Haringey.The Mersey Care Mental Health project involves transforming the former Walton Hospital site in Liverpool into a new, 85 bed, mental health in-patient facility."The acquisitions are accretive and allow us to increase our stakes in these high quality PPP projects at attractive pricing levels," said Co-Chief Executive Frank Schramm. Shares rose 0.63% to 118p at 11:15 on Friday. RD