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WSP to buy consultant RPS Group for £591m

WSP to buy consultant RPS Group for £591m

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WSP to buy consultant RPS Group for £591m
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WSP to buy consultant RPS Group for £591m
WSP to buy consultant RPS Group for £591m
WSP to buy consultant RPS Group for £591m
WSP to buy consultant RPS Group for £591m
Construction news, jobs and co... Construction news, j... | 1 year ago
The move will see WSP’s global workforce of 57,500 boosted by Oxfordshire headquartered RSP’s 5,000 staff. RSP employs consultants, designers, planners, engineers, and technical specialists across the world providing specialist services to government and private sector clients with a focus on front-end consulting. Ken Lever, Chairman of RPS, said: “The RPS Directors believe that RPS has a clear strategy and is strongly positioned for the future, underpinned by favourable trends in its en...
The move will see WSP’s global workforce of 57,500 boosted by Oxfordshire headquartered RSP’s 5,000 staff. RSP employs consultants, designers, planners, engineers, and technical specialists across the world providing specialist services to government and private sector clients with a focus on front-end consulting. Ken Lever, Chairman of RPS, said: “The RPS Directors believe that RPS has a clear strategy and is strongly positioned for the future, underpinned by favourable trends in its en...
US consultant trumps WSP bid for RPS Group
US consultant trumps WSP bid for RPS Group
US consultant trumps WSP bid for RPS Group
US consultant trumps WSP bid for RPS Group
Construction news, jobs and co... Construction news, j... | 1 year ago
The American offer has trumped a £591m bid by consultancy giant WSP which was all set to go through after being announced in August. But Tetra Tech will now be the new owner of  RPS who employ consultants, designers, planners, engineers, and technical specialists across the world providing specialist services to government and private sector clients with a focus on front-end consulting. RPS employs 5,000 people who will swell Tetra Tech’s overall staff numbers to 26,000. Dan Batrack, Tetra...
The American offer has trumped a £591m bid by consultancy giant WSP which was all set to go through after being announced in August. But Tetra Tech will now be the new owner of  RPS who employ consultants, designers, planners, engineers, and technical specialists across the world providing specialist services to government and private sector clients with a focus on front-end consulting. RPS employs 5,000 people who will swell Tetra Tech’s overall staff numbers to 26,000. Dan Batrack, Tetra...
WSP declines to enter bidding war for RPS Group
WSP declines to enter bidding war for RPS Group
WSP declines to enter bidding war for RPS Group
WSP declines to enter bidding war for RPS Group
Construction news, jobs and co... Construction news, j... | 1 year ago
American consultant Tetra Tech has agreed a £636m deal to acquire RPS that trumped an earlier offer of £591m announced in August. WSP has been mulling over a revised offer but confirmed today that it will not enter a bidding war. The firm said: “WSP Global continues to value a disciplined approach to acquisitions to maximise shareholder value. With a strong balance sheet, WSP Global remains confident on its ability to capture opportunities and execute on its strategic ambitions.” Tetra T...
American consultant Tetra Tech has agreed a £636m deal to acquire RPS that trumped an earlier offer of £591m announced in August. WSP has been mulling over a revised offer but confirmed today that it will not enter a bidding war. The firm said: “WSP Global continues to value a disciplined approach to acquisitions to maximise shareholder value. With a strong balance sheet, WSP Global remains confident on its ability to capture opportunities and execute on its strategic ambitions.” Tetra T...
UK-Based RPS Group Would Be Latest WSP Buy, in $760M Deal
UK-Based RPS Group Would Be Latest WSP Buy, in $760M Deal
UK-Based RPS Group Would Be Latest WSP Buy, in $760M Deal
UK-Based RPS Group Would Be Latest WSP Buy, in $760M Deal
Engineering News-Record Engineering News-Rec... | 1 year ago
August 11, 2022 Emell D. Adolphus KEYWORDS RPS Group / wsp glo Order Reprints No Comments In a deal further boosting the company's environmental services growth expectations, global design and professional services giant WSP Global Inc. said it would acquire U.K.-based consulting firm RPS for around $760 million. The cash transaction, set t...
August 11, 2022 Emell D. Adolphus KEYWORDS RPS Group / wsp glo Order Reprints No Comments In a deal further boosting the company's environmental services growth expectations, global design and professional services giant WSP Global Inc. said it would acquire U.K.-based consulting firm RPS for around $760 million. The cash transaction, set t...
Tetra Tech trumps WSP bid for environmental firm RPS Group
Tetra Tech trumps WSP bid for environmental firm RPS Group
Tetra Tech trumps WSP bid for environmental firm RPS Group
Tetra Tech trumps WSP bid for environmental firm RPS Group
constructiondive constructiondive | 1 year ago
Dive Brief: Pasadena, California-based engineering firm Tetra Tech has trumped engineering and design giant WSP Global’s offer for environmental consulting firm RPS Group, the company said in a press release. WSP had announced in August its intention to purchase the Abingdon, England-headquartered company to bolster its climate and infrastructure work. With Tetra Tech’s offer of $691 million beating WSP’s $641 million offer by about 7.8%, the RPS board of directors unanimously approved th...
Dive Brief: Pasadena, California-based engineering firm Tetra Tech has trumped engineering and design giant WSP Global’s offer for environmental consulting firm RPS Group, the company said in a press release. WSP had announced in August its intention to purchase the Abingdon, England-headquartered company to bolster its climate and infrastructure work. With Tetra Tech’s offer of $691 million beating WSP’s $641 million offer by about 7.8%, the RPS board of directors unanimously approved th...
Tetra Tech Beats WSP Offer for RPS Group, As Bidding War Looms
Tetra Tech Beats WSP Offer for RPS Group, As Bidding War Looms
Tetra Tech Beats WSP Offer for RPS Group, As Bidding War Looms
Tetra Tech Beats WSP Offer for RPS Group, As Bidding War Looms
Engineering News-Record Engineering News-Rec... | 1 year ago
Engineering consultant Tetra Tech Inc. said it has reached a deal to acquire U.K.-based environmental firm RPS Group plc for 222 pence per share, outmatching WSP Global’s previous share offer of 206 pence per share, for a premium of 7.8%. The Pasadena, Calif.-based Tetra Tech says the all-cash transaction, set to close in the fourth quarter, would be the company's largest acquisition and boost its employee roster to 26,000. Analysts speculate that WSP, which has executed severa...
Engineering consultant Tetra Tech Inc. said it has reached a deal to acquire U.K.-based environmental firm RPS Group plc for 222 pence per share, outmatching WSP Global’s previous share offer of 206 pence per share, for a premium of 7.8%. The Pasadena, Calif.-based Tetra Tech says the all-cash transaction, set to close in the fourth quarter, would be the company's largest acquisition and boost its employee roster to 26,000. Analysts speculate that WSP, which has executed severa...
WSP reports lower profits but higher revenue, adds RPS Group to buying spree
WSP reports lower profits but higher revenue, adds RPS Group to buying spree
WSP reports lower profits but higher revenue, adds RPS Group to buying spree
WSP reports lower profits but higher revenue, adds RPS Group to buying spree
constructiondive constructiondive | 1 year ago
Dive Brief: Engineering and design giant WSP saw revenues rise and profits slump in Q2 as it posted a record-high backlog, according to a company release. The Montreal-based firm posted profits of $69.3 million ($89.3 CAD), down 26% year over year on revenue of $2.14 billion, a 5% increase from last year. The results missed analysts’ expectations, per stock analysis site Seeking Alpha. WSP also announced the acquisition of RPS Group, a U.K.-based environmental consulting firm with about 5,000...
Dive Brief: Engineering and design giant WSP saw revenues rise and profits slump in Q2 as it posted a record-high backlog, according to a company release. The Montreal-based firm posted profits of $69.3 million ($89.3 CAD), down 26% year over year on revenue of $2.14 billion, a 5% increase from last year. The results missed analysts’ expectations, per stock analysis site Seeking Alpha. WSP also announced the acquisition of RPS Group, a U.K.-based environmental consulting firm with about 5,000...
Partners Group to buy U.S. rental homes for over $1 billion
Partners Group to buy U.S. rental homes for over $1 billion
Partners Group to buy U.S. rental homes for over $1 billion
Partners Group to buy U.S. rental homes for over $1 billion
In-depth analysis, data and st... In-depth analysis, d... | 1 year ago
Partners Group Holding AG has agreed to buy more than 2,000 rental houses owned by Fortress Investment Group, according to people with knowledge of the matter.
Partners Group Holding AG has agreed to buy more than 2,000 rental houses owned by Fortress Investment Group, according to people with knowledge of the matter.
Rydon Group returns to profit despite construction loss
Rydon Group returns to profit despite construction loss
Rydon Group returns to profit despite construction loss
Rydon Group returns to profit despite construction loss
Construction news, jobs and co... Construction news, j... | 1 year ago
While Rydon Construction suffered a £2.1m pre-tax loss set-back, the overall group performance was buoyed up by Rydon Homes, which contributed £3.7m, and disposals of the London and South West design and build businesses. These two businesses, which were sold for £654,000, have now been rebranded Real Construction by the new owners. As a result, Rydon Group delivered a £6.1m pre-tax profit in the year to September 2021, after previously reporting a £2.5m loss. Overall revenue slipped back...
While Rydon Construction suffered a £2.1m pre-tax loss set-back, the overall group performance was buoyed up by Rydon Homes, which contributed £3.7m, and disposals of the London and South West design and build businesses. These two businesses, which were sold for £654,000, have now been rebranded Real Construction by the new owners. As a result, Rydon Group delivered a £6.1m pre-tax profit in the year to September 2021, after previously reporting a £2.5m loss. Overall revenue slipped back...
CP Group, DRA Advisors Buy Miami Tower
CP Group, DRA Advisors Buy Miami Tower
CP Group, DRA Advisors Buy Miami Tower
CP Group, DRA Advisors Buy Miami Tower
commercialsearch commercialsearch | 1 year ago
The iconic property previously traded in 2016 for $220 million. The post CP Group, DRA Advisors Buy Miami Tower appeared first on Commercial Property Executive.
The iconic property previously traded in 2016 for $220 million. The post CP Group, DRA Advisors Buy Miami Tower appeared first on Commercial Property Executive.