US firm seals £43m deal to acquire listed consultancy group
A £43.3m deal to acquire Leeds-headquartered listed project management business WYG by Californian firm Tetra Tech has completed.
Tetra Tech announced in May it was to swoop for WYG. Today, the offer to acquire all of the outstanding shares of WYG through a UK court-approved scheme of arrangement has become effective and the transaction has closed.
Trading in WYG shares on the London Stock Exchange has been suspended and the outstanding shares of WYG are now owned by Tetra Tech.
WYG employs 1,600 staff in the UK and Europe, ... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...