Stantec to acquire Cardno's North America and Asia Pacific engineering groups for $500 million

Stantec entered share purchase agreements to acquire the North America and Asia Pacific engineering and consulting groups of Cardno Limited for $500 million cash, excluding Cardno's Latin American and international development operations.

“Under the terms of the acquisition, Stantec will acquire select assets of Cardno Limited for aggregate cash consideration of $500 million.”

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