The purchase, expected to complete in the first quarter of 2026, would form an expanded WSP with 27,000 global professionals and $7.2 billion in 2025 net revenue on a pro forma basis.
Federal Trade Commission suit against German firm Henkel’s bid comes as construction materials prices stay elevated, raising concerns that consolidation could hike bid risk and squeeze contractor margins.
UK engineer-contractor released delayed financial results for 2024 and first half 2025 required to finalize its proposed purchase by UAE engineering firm Sidara.
Under long-gestating deal set to complete in first half of 2026, Sidara will assume $1.6 billion of Wood Group debt and provide $450 million in cash for the financially strapped energy consultant.
U.K.-based energy and industrial services firm extends deadline for a firm offer from UAE-based Sidara or an end to discussions, as an audit of its accounting and corporate governance moves toward completion.