AtkinsRéalis sells stake in 407 highway, rounding off turn to pure-play engineering

AtkinsRéalis Group Inc. reported its fourth-quarter profit fell compared with a year ago as it announced the sale of its remaining stake in the company that owns the Highway 407 ETR toll highway north of Toronto. Company signage is shown in Montreal, Friday, Nov. 10, 2023. THE CANADIAN PRESS/Christinne Muschi

AtkinsRéalis Group Inc. announced the sale of its remaining stake in Ontario’s 407 toll highway operator in a $2.79 billion deal that caps off the company’s conversion into a pure-play engineering firm.