LONDON Aug 3 UK engineering firm WS Atkins
and Canada's WSP Global are vying for control
of Balfour Beatty's U.S. engineering and design
business Parsons Brinckerhoff, according to the Sunday
Balfour broke off merger talks with Carillion
after Carillion insisted Balfour cancel the planned sale of its
U.S. unit and keep it within the merged company.
WS Atkins and WSP Global are also understood to be competing
with two unnamed private equity firms for the business, the
paper said, citing unnamed sources.
The paper added that the bidding process, being run by
Goldman Sachs, is in the second round and that sources suggest
one of the two trade buyers was more likely to win.
WS Atkins declined to comment, and WSP was not immediately
available on Sunday morning.
A spokesman for Balfour said "the process (the disposal of
Parsons Brinckerhoff) is underway and proceeding in line with
the board's expectations". The spokesman, Patrick Kerr, declined
to comment further.
(Reporting by Martinne Geller; editing by Keiron Henderson)