Slaughter and May is advising John Wood Group plc on its agreement to sell its Built Environment consulting business to WSP Global, Inc. for gross proceeds of approximately $1.9 billion.
The transaction is conditional upon various conditions, including Wood shareholder approval and certain regulatory consents, with completion expected in the second half of 2022.
Wood’s Built Environment consulting business is a leading environmental consulting and engineering services business that provides critical activities in a complex regulatory context, providing solutions for environmental risks, increased climate resilience, helping to build more sustainable infrastructure and improving mobility. It operates across the government, industrial, infrastructure, power, water, energy and mining markets, servicing clients along the whole asset life cycle, and helping them realise opportunities to make their assets safer and more productive.
Amelia Tai / Trainee, Raghad Al-Lawati / Trainee, Oliver Smith / Trainee, Mira Motana / Trainee