After rejecting three acquisition offers from Dubai-based AE consolidator Sidara, formerly Dar Group, energy-industrial services firm agrees to talks related to latest sweetened bid.
Purchase of Asia-Pacific assets of Perth contractor Clough “guarantees the continuity" of firm projects and employment for 1,100 employees, says the Italy-based buyer.
Global CM firm would become privately held and expand engineering and consulting platform for Global Infrastructure Solutions Inc. in transaction set to close in the fourth quarter.
Global engineer intends to boost its environmental and public sector niches with proposed acquisition of the Queensland, Australia-based consultant's Asia and North America practices.