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Canada’s WSP Global Inc. has approached rival engineering services firm Aecom about a possible deal, according to people familiar with the matter. [...]
Aecom shares opened up 4% Tuesday, valuing the company at about $7.7 billion. WSP fell 0.4% to C$93.22 apiece in Toronto, giving the company a market value of about C$9.9 billion ($7.6 billion).
— Bloomberg
"Meanwhile, WSP's acquisitions of U.S.-based construction and engineering firms go back several years," reported Construction Dive, detailing the Canadian company's strategic shopping spree that included notable acquisitions of companies like Berger Group Holdings Inc., Parsons Brinckerhoff, and... View full entry
Regardless of the pricey remediation, the 41-acre property has long been considered a key element to the large-scale ecological restoration of the LA River. The city purchased the G2 parcel in March, paying nearly $60 million. — Curbed
The city’s bureau of engineering recommends engineering firm WSP, with Landscape Architect Mia Lehrer, for the transformation of the G2. WSP and Lehrer are collaborating with Mujeres de la Tierra, a non-profit public health organization based in Cypress Park, on the project. Part of Taylor... View full entry
