John Wood Group divests Environment & Infrastructure business to WSP

John Wood Group plc divested its Environment & Infrastructure business (6,000 professionals across ~100 offices) to WSP Global for approximately $1.801 billion.

“The aggregate cash consideration payable in connection with the Acquisition is approximately $1.801 billion, subject to adjustments. The acquisition and other related transaction costs were financed using a US$1.801 billion term credit facility with various tenors of up to five years in length.”

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