Consultant SKM (Sinclair Knight Merz) this week said it was still too early to comment on the implications of the firm’s takeover by California-based Jacobs Engineering.
SKM, an employee-owned Australian-based engineering projects firm, is the subject of a US$1.2bn purchase offer from Jacobs Engineering, one of the world’s largest construction consultancy companies (and which is about ten times SKM’s size).
The deal requires the approval of SKM shareholders, as well as...
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