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Skanska Renovates Fifth Third Arena at the University of Cincinnati, USA, for USD 50M, about SEK 420M

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ÖSTERSUND, Sweden--(BUSINESS WIRE)--Regulatory News: Skanska (STO:SKAB) has, together with its joint venture partner Megen Construction, signed a contract for about USD 70M with the University of Cincinnati to manage the renovation of its multi-purpose Fifth Third Arena. Skanska has a 70 percent share of the contract, worth about USD 50M, about SEK 420M, which will be included in the order bookings for Skanska USA Building in the second quarter 2016. Renovations to the 26-year old facility, ori


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