Seeking to boost its profile in construction and in the energy sector, global engineer SNC-Lavalin, Montreal, said June 23 it has agreed to acquire U.K.-based Kentz Corp. Ltd. for about $2 billion.
The addition of Kentz, with 14,500 employees in 36 countries, would create a giant with 44,500 staff and backlog of more than $12 billion.
The 1,070-ft-tall Salesforce Tower development, nearly derailed by the Great Recession, is approaching completion in San Francisco.
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