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WSP Global withdraws proposed offer for Arcadis N.V.

WSP Global Inc TSX:WSP

ARCADWSP

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05:52:27 PM UTC
SquawkNews
WSP Announces Decision To Withdraw Proposed Offer For Arcadis N.V.
05:54:15 PM UTC
SquawkNews
WSP Global Inc. said it will not pursue a public offer for Arcadis N.V., citing lack of engagement from Arcadis’ boards and its disciplined M&A approach.Material DetailsContext by AI AnalystThis is a late-stage reversal of a potential combination WSP said was strategically compelling. A larger cata…