- WSP Global ( OTCPK:WSPOF ) to acquire two UK-based businesses: Capita Real Estate and Infrastructure and GL Hearn, both owned by Capita for an aggregate cash consideration of GBP60M.
- The transaction is expected to close upon receipt of regulatory approvals and within approximately six to eight weeks.
- “Joining WSP will allow both the Capita REI and GL Hearn businesses to provide better client support whilst growing our collective market share via the tremendous expertise of our combined teams. Being part of one of the world’s leading property and infrastructure services firms will give us access to a greater range and scale of projects, as well as to new career opportunities for our people, and all those with ambitions to join us.” said Dave Spencer, Managing Director of Capita’s Property and infrastructure consultancies offered this assessment.
For further details see:
WSP to acquire Capita's Capita REI and GL Hearn Businesses in UK