HALISTER: Jacobs Engineering Is Said to Near Buying CH2M for $2.85B: WSJ

Jacobs Engineering Is Said to Near Buying CH2M for $2.85B: WSJ

(Bloomberg) -- Jacobs Engineering Group is nearing a deal to buy CH2M Hill Cos. in a cash-and-stock deal, expected to be announced Wednesday, WSJ reports, citing unidentified people familiar.
  • Deal is expected to value CH2M at $88.08/share, to be structured using 60% cash and 40% in Jacobs stock: WSJ cites one of the people familiar
  • NOTE: July 20, Jacobs Is Said to Be in Advanced Talks to Buy CH2M: Times
To contact the reporter on this story: Sarah Jacob in Bangalore at sjacob19@bloomberg.net To contact the editors responsible for this story: Chua Baizhen at bchua14@bloomberg.net Katharina Rosskopf

Alert: HALISTER
Source: BFW (Bloomberg First Word)

Tickers
JEC US (Jacobs Engineering Group Inc)
15565Z US (CH2M HILL Cos Ltd)

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