Further to its announcement of 15 November 2018, Kier Group plc, a leading infrastructure services, buildings and developments & housing group, announced that, on 21 December 2018, it completed the disposal of KHSA Limited to Downer Group for a total consideration of up to AUS$43.7m (US$ 30.83 million), subject to an escrow arrangement.

KHSA provides road asset management and maintenance services in Australia

Cash consideration of AUS$41.7m (US$ 29.42 million) was received on completion.