Brief: Aarsleff signs conditional contract for Fehmarnbelt Link
31/05/2016 06:53
May 31 (Reuters) - Per Aarsleff Holding A/S PAALb.CO :
* Said on Monday had signed conditional contract for three out of the four large tunnel
contracts for the Fehmarnbelt Link
* Said contracts are conditional meaning construction work would be postponed until German
construction permit is in place
* Contracts are valid until end of 2019 with option to renegotiate at that time
* Total contract value is 3.4 billion euros ($3.78 billion) of which Aarsleff's share is 0.5
billion euros
Source text: http://bit.ly/1XahCsT
Further company coverage: PAALb.CO
($1 = 0.8984 euros)
(Gdynia Newsroom)
((Gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))