PRESS RELEASE: URS Increases Offer to 290 Pence Per Share for Scott Wilson Group
30th Jun 2010 18:21
Cash Transaction Now Would Be Valued at $337 Million Transaction Expected to be Accretive to URS' GAAP EPS in Fiscal 2011 SAN FRANCISCO--(BUSINESS WIRE)--June 30, 2010-- URS Corporation (NYSE: URS) today announced the terms of an increased offer to acquire Scott Wilson Group plc. (LSE: SWG)
Read moreScott Wilson accepts 290p bid from URS
30th Jun 2010 17:42
Scott Wilson has recommended an increased cash offer of 290p a share from URS Corporation just a few hours after the US outfit was rebuked by the Takeover Panel for only indicating it may increase its bid. The offer for the British design and engineering consultancy, worth £223m, beats the 245p a s
Read moreUrs Corporation Recommended Increased Cash Offer For Scott Wilson
30th Jun 2010 17:24
TIDMSWG RNS Number : 5850O URS Corporation 30 June 2010 ? NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART IN OR INTO THE UNITED STATES OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF THAT JURISDICTION 30 June 2010
Read moreUrs 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.
Read moreUrs 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
Read moreUrs 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 | |
Read moreUK 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
Read moreScott 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
Read moreUK 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
Read moreUK 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
Read moreScott 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
Read moreTakeover 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
Read moreTakeover 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
Read morePRESS 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
Read moreUK 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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