UPDATE: Scott Wilson Agrees GBP161 Mln Takeover By URS Corp
28th Jun 2010 08:19
(Adds detail on possible competing offer). By Jason Douglas Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Engineering consultant Scott Wilson Group PLC (SWG.LN) said Monday it agreed a GBP161 million ($242 million) takeover by U.S. peer URS Corp. (URS), but a second firm said it is consider
Read moreScott Wilson Agrees GBP161 Mln Takeover By URS Corp
28th Jun 2010 07:46
LONDON (Dow Jones)--Engineering consultant Scott Wilson Group PLC (SWG.LN) said Monday it agreed a GBP161 million ($242 million) takeover by U.S. peer URS Corp. (URS). URS said the deal expands its operations in the U.K. and its reach overseas. URS has offered to acquire Scott Wilson for 210
Read morePRESS RELEASE: URS Acquisition Offer Recommended by Scott Wilson
28th Jun 2010 07:05
$242 Million Cash Transaction Significantly Expands URS' Presence in U.K. Infrastructure Market and Deepens Worldwide Capabilities Transaction Expected to be Accretive to URS' GAAP EPS in Fiscal 2011 SAN FRANCISCO--(BUSINESS WIRE)--June 28, 2010-- URS Corporation (NYSE: URS) and Scott Wilso
Read morePRESS RELEASE: URS Acquisition Offer Recommended -2-
28th Jun 2010 07:05
and renew contracts and projects; liquidated damages; our dependence on partners, subcontractors and suppliers; customer payment defaults; our ability to recover on claims; impact of target and fixed priced contract on earnings; the inherent dangers at our project sites; impairment of our goodwill;
Read moreUrs Corporation Recommended Cash Offer For Scott -2-
28th Jun 2010 07:00
| Wilson) | +-------------------------------------------------------------------+ | Sandy Fraser | +44 (0) 20 7248 4400 | | | +44 (0) 20 7248 4400 | | Richard Jones
Read moreUrs Corporation Recommended Cash Offer For Scott Wilson Group Plc
28th Jun 2010 07:00
TIDMSWG RNS Number : 3172O URS Corporation 28 June 2010 ? FOR IMMEDIATE RELEASE 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 28 June 201
Read moreUrs Corporation Recommended Cash Offer For Scott -4-
28th Jun 2010 07:00
nominal amount, in aggregate. The maximum nominal amount of the Loan Notes shall be GBP15 million, in aggregate. In the event that Loan Note elections are received in excess of such nominal amount, Universe Bidco shall scale back allocations of the Loan Notes pro rata (rounding down any fractions to
Read moreUrs Corporation Recommended Cash Offer For Scott -6-
28th Jun 2010 07:00
Date; and (ii) the termination date of the Inducement Fee Letter: (a) directly or indirectly solicit or initiate discussions relating to any Independent Competing Offer; or (b) subject at all times to the proviso below, enter into or continue any discussions, negotiations, correspondence o
Read moreUrs Corporation Recommended Cash Offer For Scott -3-
28th Jun 2010 07:00
Forward-Looking Statements This Announcement, oral statements made regarding the Offer, and other information published by URS and Scott Wilson contain statements that are or may be deemed to be "forward-looking statements", including for the purposes of the US Private Securities Litigation Reform A
Read moreUrs Corporation Recommended Cash Offer For Scott -5-
28th Jun 2010 07:00
The Offer will affect share options and incentive awards granted under the Scott Wilson Employee Share Schemes issued by Scott Wilson. Participants in the Scott Wilson Employee Share Schemes will be contacted regarding the effect of the Offer on their rights under these schemes and appropriate prop
Read moreUrs Corporation Recommended Cash Offer For Scott -11-
28th Jun 2010 07:00
pension schemes; or +-----+-----------------------------------------+ | (B) | any change to the trustees of such | | | pension arrangements, including the | | | appointment of a trust corporation; or | +-----+-----------------------------------------+ | (C) | any transaction, arran
Read moreUrs Corporation Recommended Cash Offer For Scott -12-
28th Jun 2010 07:00
+--------------------+----------------------+--------------------+ | Hugh Blackwood | 696,358 | 0.95 per cent. | +--------------------+----------------------+--------------------+ | Sean Cummins | 10,000 | 0.01 per cent. | +--------------------+----------
Read moreUrs Corporation Recommended Cash Offer For Scott -15-
28th Jun 2010 07:00
| "URS Group" | URS and its subsidiary undertakings | +-----------------------------+-------------------------------------+ | "US Exchange Act" | the United States Securities | | | Exchange Act of 1934, as amended | |
Read moreUrs Corporation Recommended Cash Offer For Scott -7-
28th Jun 2010 07:00
information contained in this Announcement. Appendix III to this Announcement provides details of the irrevocable undertakings received by URS. Appendix IV to this Announcement contains definitions of certain terms used in this Announcement. In accordance with Rule 19.11 of the City Code, a copy o
Read moreUrs Corporation Recommended Cash Offer For Scott -10-
28th Jun 2010 07:00
context of the Wider Scott Wilson Group taken as a whole, in: (i) any assets or interests of any member of the Wider Scott Wilson Group being or falling to be disposed of or charged in any way or ceasing to be available to any member of the Wider Scott Wilson Group or any right arising under w
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