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Acquisition Update

1 Oct 2010 18:13

RNS Number : 7581T
Atkins (WS) PLC
01 October 2010
 



WS Atkins plc ("Atkins") is pleased to announce that, at a special meeting of the stockholders of The PBSJ Corporation ("PBSJ") held earlier today, the resolution required for the acquisition of PBSJ by Atkins was duly passed by the holders of over 97% of PBSJ's capital stock eligible to vote, with over 99% of votes cast in favour of the resolution.

 

As the minimum acceptance condition of greater than 50% has been satisfied, Atkins expects the acquisition of PBSJ to complete later today.

 

Ends

 

 

Enquiries

 

Heath Drewett

Group finance director

+44 (0)1372 726140

 

 

Sara Lipscombe

Group communications director

+44 (0)1372 726140

 

 

Notes to editors

 

1. Atkins

 

Atkins (www.atkinsglobal.com) plans, designs and enables the delivery of complex infrastructure and buildings for clients in the public and private sectors across the world. Atkins is the largest engineering consultancy in the UK and the world's eleventh largest international design firm (sources: New Civil Engineer Consultants File, 2010; Engineering News-Record, 2010).

 

Atkins is the official engineering design services provider for the London 2012 Olympic and Paralympic Games.

 

2. PBSJ

 

PBSJ is based in Florida and was founded in 1960 and is one of America's leading providers of engineering, planning, architecture, construction, environmental and programme management services. The company has grown by developing deep technical skills and has differentiated itself in a highly competitive marketplace by expanding its resources in emerging technologies and combining those capabilities with a solid understanding of its clients' businesses. The firm is ranked by Engineering News-Record as 28th among the top design firms in the United States. PBSJ has approximately 3,100 employees and more than 80 offices in the United States.

This information is provided by RNS
The company news service from the London Stock Exchange
 
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