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WSP makes takeover offer for Dutch engineering firm Arcadis

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WSP makes takeover offer for Dutch engineering firm Arcadis
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Open this photo in gallery:The Montreal-based company says its offer would be approximately half cash and half WSP shares overall.Sean Vokey/The Canadian PressShareSave for laterPlease log in to bookmark this story.Log InCreate Free AccountWSP Global Inc. WSP-T has made a takeover offer for Dutch engineering company Arcadis N.V. ARCVF that values it at about $7.5-billion.The indicative non-binding proposal by the Montreal-based company is for 51.50 euros per share.

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Open this photo in gallery:The Montreal-based company says its offer would be approximately half cash and half WSP shares overall.Sean Vokey/The Canadian PressShareSave for laterPlease log in to bookmark this story.Log InCreate Free AccountWSP Global Inc. WSP-T has made a takeover offer for Dutch engineering company Arcadis N.V. ARCVF that values it at about $7.5-billion.The indicative non-binding proposal by the Montreal-based company is for 51.50 euros per share. The bid is up from an earlier offer of 48.50 euros per share that Arcadis rejected.Under the revised offer, Arcadis shareholders would have the ability to elect to receive their payment in cash or WSP shares, subject to pro-ration.

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