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Response to CH2M Hill Announcement

28th Jun 2010 18:20

RNS Number : 3828O
URS Corporation
28 June 2010
 



NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART IN OR INTO THE UNITED STATES OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF THAT JURISDICTION

28 June 2010

 

URS CORPORATION

RESPONSE TO CH2M HILL COMPANIES, LTD'S ACQUISITION OF SHARES IN SCOTT WILSON GROUP PLC

 

 

Following the announcement this morning by URS Corporation ("URS") of its recommended cash offer for Scott Wilson Group plc ("Scott Wilson"), URS notes the announcement this afternoon by CH2M HILL Companies, Ltd ("CH2M HILL") of the acquisition of 9,544,277 ordinary shares, representing 12.97% of the issued share capital of Scott Wilson.

URS is considering its options with respect to Scott Wilson and a further announcement will be made in due course.

A copy of this announcement will be available at www.urscorp.com.

Enquiries:

URS

Tom Hicks

 

+44 (0) 20 7638 9571

DC Advisory Partners (lead financial adviser to URS)

Andrew Cunningham

Sam Barnett

 

 

 

+44 (0) 20 7856 0903

+44 (0) 20 7856 0921

Citi (financial adviser and broker to URS)

Dimitrios Georgiou

Simon Alexander

 

+44 (0) 20 7986 7535

+44 (0) 20 7986 0963

 

DC Advisory Partners, which is authorised and regulated in the United Kingdom by the Financial Services Authority, is acting exclusively for URS and no one else in connection with the Offer and this Announcement and will not be responsible to anyone other than URS for providing the protections afforded to clients of DC Advisory Partners or for providing advice in connection with the Offer or any matter referred to herein.

Citi, which is authorised and regulated in the United Kingdom by the Financial Services Authority, is acting exclusively as a financial adviser to URS and no one else in connection with the Offer and this Announcement and will not be responsible to anyone other than URS for providing the protections afforded to clients of Citi nor for providing advice in connection with the Offer nor any matter referred to herein.

 

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