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WSP withdraws takeover offer for Arcadis

WSP Global withdrew a roughly $5 billion takeover bid for Arcadis after the Dutch engineering consultancy did not come to the negotiating table.

ARCADWSP

WSP Global dropped a roughly $5 billion takeover bid for Arcadis after failing to get the Dutch engineering consultancy to the negotiating table. The Canadian engineering and infrastructure company said it was no longer pursuing a public offer.