Article: United Kingdom : Kier Group Buys Stake In Kent Schools Program For GBP4.2M.

Byline: manish03

Kier Group PLC (KIE.LN), a construction, development and service group specialising in building and civil engineering, support services, private house building, property development and the Private Finance Initiative, said Tuesday it has bought Telereal Trillium's investment in Kent's first Building Schools for the Future, or BSF, Local Education Partnership for GBP4.2 million.

MAIN FACTS:

-The LEP was established in 2008 to provide 34 secondary schools in Kent to be delivered through three phases of construction, both through the traditional design and build process as well as through the Private Finance Initiative, or PFI.

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