WSP's Bid for Arcadis Seen as Strategic, Accretive Move -- Market Talk
Dow Jones2026/07/24 12:590859 ET - WSP Global's $5-billion bid for Arcadis is an opportunistic move to acquire a solid company, according to Raymond James in a note. Analyst Frederic Bastien says it isn't surprising to see this kind of play by the engineering firm "opportunistically pursuing a high-quality asset after growth has stalled, and investor sentiment has soured." The analyst says Arcadis would be "highly complementary from a geographic standpoint," and offering a strong strategic fit in terms of capability. At EUR51.50 per share, valuing the 34,000-employee firm at about EUR4.4 billion, Bastien says the valuation "appears reasonable and accretive for WSP." (adriano.marchese@wsj.com)
(END) Dow Jones Newswires
July 24, 2026 08:59 ET (12:59 GMT)
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