WSP Global reconfirmed its plan to acquire Arcadis after Arcadis rejected WSP’s first two bids valuing Arcadis at up to €5.4B (about $6.3B). The renewed pursuit suggests WSP sees sufficient deal upside despite the rebuffs, which could drive meaningful repricing for both companies as negotiations move forward.
WSP Global reconfirmed its plan to acquire Arcadis after Arcadis rejected WSP’s first two bids valuing Arcadis at up to €5.4B (about $6.3B). The renewed pursuit suggests WSP sees sufficient deal upside despite the rebuffs, which could drive meaningful repricing for both companies as negotiations move forward.
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mildly positive
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0.15
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