Dutch infrastructure consultant ARCADIS is poised to complete the purchase of UK consultant Hyder next month. ARCADIS originally offered to buy Hyder for 650p per share but Japanese engineering consultant Nippon Koei then entered the bidding with an offer of 680p. ARCADIS last month responded with a revised offer of 730p, valuing the company at £288m. Nippon Koei has yet to announce whether it will make a revised offer or now withdraw from the competition.
Hyder this week wrote to...
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