AECOM reportedly in talks with WSP

AECOM, WSP Global | January 14, 2020

Los Angeles-based construction and engineering giant AECOM is in talks with Canadian firm WSP Global Inc. about a possible deal, Bloomberg reported last night. Media reports said that WSP approached AECOM about the potential transaction, according to sources familiar with the two companies. Although there is no guarantee that the talks will lead to a deal or how a deal would play out, analyst Andrew Wittmann said in a written research report that he believes the discussions likely have some merit for several reasons, including the fact that WSP's stated goals include acquisitive growth, that AECOM stock has inexplicably climbed in recent days and that AECOM leadership is currently transitioning. Chairman and CEO Michael S. Burke announced in November that he will retire this year.

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Sysvine Technologies specializes in providing Information Technology, Software Services, Quality Assurance and Technical & Application support for complex domains such as Radiology in Healthcare, Knowledge Management System, cutting edge Mobility Solutions and to operationalize and support your IT platform round the clock. From construction, offshoring and to implementation, we bring the knowledge, partnerships and vision to realize elegant solutions to complex challenges. Our solutions are developed for businesses to take full advantage of technology to run their operations more efficiently, more profitably and with higher customer satisfaction.

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