Reuters logo
BRIEF-AECOM engineering design firm to buy URS Corp engineering firm for $6 bln
July 13, 2014 / 5:16 PM / 3 years ago

BRIEF-AECOM engineering design firm to buy URS Corp engineering firm for $6 bln

July 13 (Reuters) - AECOM Technology Corp : * Says to acquire URS Corp for $56.31 per share in cash and stock * Says to acquire all shares of URS for in deal valued at $6 billion,

including assumption of URS debt * Says combined company would have 2013 pro forma revs of more than $19 billion

and EBITDA of about $1.3 billion * Says deal would create $250 million in annual cost saving synergies, nearly

all to be achieved by end of FY 2016 * Says expects deal to be accretive to its GAAP earnings and more than 25

percent accretive to aecom’s cash earnings per share in FY 2015, excluding

transaction costs

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below