Urs Corporation Recommended Increased Cash Offer -2-

30th Jun 2010 17:24

6. Structure of the Increased Offer It is intended that the Increased Offer will be implemented by Universe Bidco, a wholly-owned subsidiary of URS and effected by way of a court-sanctioned scheme of arrangement between Scott Wilson and the Scheme Shareholders under Part 26 of the 2006 Act.

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Urs Corporation Recommended Increased Cash Offer -4-

30th Jun 2010 17:24

In accordance with normal UK practice and pursuant to Rule 14e-5(b) of the US Exchange Act, Universe Bidco or its nominees, or its brokers (acting as agents), may from time to time make certain purchases of, or arrangements to purchase, Scott Wilson Shares outside of the United States, other than pu

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Urs Corporation Recommended Increased Cash Offer -3-

30th Jun 2010 17:24

| Greenhill (financial adviser to Scott Wilson) | +-------------------------------------------------------------------+ | David Wyles | +44 (0) 20 7198 7400 | | Ben Loomes | +44 (0) 20 7198 7400 | |

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UK SMALLCAP ROUNDUP: Resaca Exploration Shelves Share Sale

30th Jun 2010 16:00

Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps RESACA EXPLOITATION INC. (RSOX.LN), an oil and gas company, said Wednesday it postponed a planned share issue due to market conditions. Resaca planne

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Scott Wilson bidder rapped by Panel

30th Jun 2010 13:22

URS, one of the potential bidders for Scott Wilson, has been told off for breaching takeover rules after it indicated it might raise its offer for the engineering consultant. URS said it could lift its current offer of 210p per share to 245p, but the takeover code says "an offeror must not make a s

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UK SMALLCAP ROUNDUP: HMV Strategy On Track Amid Record Sales

30th Jun 2010 12:30

Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps HMV GROUP PLC (HMV.LN) Wednesday said its strategy of diversifying its business away from CDs and DVDs remains on track, although the CD market didn't de

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UK SMALLCAP ROUNDUP: Scott Wilson Bidder URS Gets Deadline

30th Jun 2010 09:30

Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps SCOTT WILSON GROUP PLC (SWG.LN), a U.K. engineering consultant, Wednesday said its board will give its recommendation to shareholders on the company's bi

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Scott Wilson Bidder URS Gets Bid Deadline From Takeover Panel

30th Jun 2010 08:51

LONDON (Dow Jones)--U.K. engineering consultant Scott Wilson Group PLC (SWG.LN) Wednesday said its board will give its recommendation to shareholders on the company's bidding war Thursday after the U.K. Takeover Panel set a deadline for a revised offer from U.S. firm URS Corp. (URS). U.S. engine

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Takeover Panel: Universe Bidco Must Raise, Withdraw Scott Wilson Bid By July 2

30th Jun 2010 07:16

LONDON (Dow Jones)--The U.K. Takeover Panel said Wednesday that Universe Bidco must announce no later than 0630 GMT on July 2 either an increased offer for Scott Wilson Group PLC (SWG.LN) of 245p per share, or above, or that it wont' be increasing the terms of its offer of 210p per share announced J

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Takeover Panel Statement Re: Deadline For Universe Clarification

30th Jun 2010 07:01

TIDMSWG RNS Number : 4780O Takeover Panel 30 June 2010 ? ? 2010/17 SCOTT WILSON GROUP PLC ("SCOTT WILSON") UNIVERSE BIDCO LIMITED (A WHOLLY-OWNED SUBSIDIARY OF URS CORPORATION) ("UNIVERSE BIDCO") CH2M HILL STAR HOLDINGS LIMITED (A

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PRESS RELEASE: Moody's Says Urs Potential Acquisition Of Scott Has No Ratings Impact

29th Jun 2010 21:33

The following is a press release from Moody's Investors Service: New York, June 29, 2010 -- Moody's Investors Service commented that there is no change to URS Corporation's ratings (Ba1 Corporate Family, Ba1 Probability of Default, Baa3 senior secured and SGL-1 speculative grade liquidity) or sta

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UK SMALLCAP ROUNDUP: E-Therapeutics Seeks Pharma Alliances

29th Jun 2010 16:00

Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps E-THERAPEUTICS PLC (ETX.LN), a U.K. drug developer, said Tuesday its focus this year and next will be on clinical trials of its experimental medicines an

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UK SMALLCAP ROUNDUP: Chloride Up As Emerson Trumps ABB

29th Jun 2010 12:30

Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps EMERSON ELECTRIC CO. (EMR), a U.S. power and industrial-automation company, Tuesday returned with a sweetened offer to buy CHLORIDE GROUP PLC (CHLD.LN) f

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UPDATE: Emerson Trumps ABB With Fresh Offer For Chloride

29th Jun 2010 11:24

(Adds analyst comment, detail) By Jason Douglas Of DOW JONES NEWSWIRES LONDON (Dow Jones)--U.S. power and industrial-automation company Emerson Electric Co. (EMR) Tuesday returned with a sweetened offer to buy Chloride Group PLC (CHLD.LN) for almost GBP1 billion, after the U.K. secure po

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UK SMALLCAP ROUNDUP:Salamander Energy Abandons Dry Vietnam Well

29th Jun 2010 09:30

Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps SALAMANDER ENERGY PLC (SMDR.LN) said it has plugged and abandoned the Tom Su Lua-1X exploration well offshore Vietnam after it turned out to be dry.

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