29th Jun 2010 07:00
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
29 June 2010
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URS CORPORATION |
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URS CORPORATION CONSIDERING INCREASING ITS OFFER FOR SCOTT WILSON GROUP PLC
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URS Corporation ("URS") notes the announcement by CH2M HILL Companies, Ltd ("CH2M HILL") of its offer for Scott Wilson Group plc ("Scott Wilson") of 245 pence in cash for each Scott Wilson Share.
URS confirms, following CH2M HILL's offer, that it continues to consider its options with respect to Scott Wilson. URS has matching rights arrangements agreed with Scott Wilson and is considering increasing its offer to 245 pence or above.
A further announcement will be made in due course.
A copy of this announcement will be available at www.urscorp.com.
Enquiries:
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URS Tom Hicks
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+44 (0) 20 7638 9571 |
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DC Advisory Partners (lead financial adviser to URS) Andrew Cunningham Sam Barnett
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+44 (0) 20 7856 0903 +44 (0) 20 7856 0921 |
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Citi (financial adviser and broker to URS) Dimitrios Georgiou Simon Alexander
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+44 (0) 20 7986 7535 +44 (0) 20 7986 0963 |
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Citigate Dewe Rogerson Patrick Donovan Toby Mountford |
+44 (0) 20 7638 9571 +44 (0) 20 7638 9571 |
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 and broker 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.
Related Shares:
Shearwater