Canadian engineering firm WSP snatches up RPS for £591m Engineering firm WSP has snatched environmental consulting group RPS for £591m, at 117p per share. Agreed by both parties today, the offer sent RPS shares surging by 74.36 per cent as it represents a premium of 76 per cent on yesterday’s price. The group’s board accepted the offer, considering the terms of the agreement to [...]
RPS blames Aussies for share price collapse City Talk By Graeme Evans from interactive investor. Profit forecasts slashed and rising debt threatening the dividend, will this crash attract bidders? A recovery for RPS Group (LSE:RPS) since an October profit warning has proved to be short-lived after Australia’s slowing economy derailed progress at the environmental consultancy. The latest warning sent shares in the Abingdon-based business crashing by as much as [...]
RPS shares crash 40 per cent on profit warning RPS shares crash 40 per cent on profit warning Energy firm RPS saw it share price collapse by 40 per cent today as it issued a major profit warning for its current financial year. Australia bites RPS down under Poor trading in RPS’s Australia Asia Pacific division will leave full-year results “materially below” profit before tax expectations of £50m, the firm admitted. Read more: [...]