WSP Global is continuing its expansion, agreeing to buy RPS Group for £591m.
The deal for the London-listed firm, which specialises in advising companies in the property, energy, water and defence sectors on environmental issues, is a 76% premium on the consultancy’s share price.
RPS’ board has accepted an offer of 206p per share from the Canada-based WSP.
RPS shares closed on Monday at 117p, and have not been as high as the offer price since 2019.