Balfour Beatty has reached an agreement with its joint venture partner to sell its entire share in Dutco Balfour Beatty and BK Gulf in the Middle East.
The deal, subject to regulatory approval, is for a total cash consideration of £11m.
Since the start of 2015, Balfour Beatty has exited the Middle East, Indonesia and Australia in order to focus on its chosen markets in the UK, US and Far East.