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  • WSP Global (WSP) has completed a bought-deal public offering of common shares for gross proceeds of approximately $920 million
  • The company issued 3,031,400 common shares at $151.75 per share for gross proceeds of about $460 million
  • WSP also issued 3,032,550 common shares at $151.75 per share for gross proceeds of about $460 million
  • WSP Global Inc provides engineering and design services to clients
  • WSP Global Inc. opened trading at $159.42 per share

WSP Global (WSP) has closed a bought-deal public offering and private placement of common shares for gross proceeds of approximately $920 million.

The company issued 3,031,400 common shares at $151.75 for gross proceeds of approximately $460 million.

The company also issued 3,032,550 common shares at $151.75 per share by way of a concurrent private placement for gross proceeds of approximately $460 million.

This includes the full exercise of the over-allotment option.

WSP intends to use the net proceeds to partially fund the purchase price of its acquisition of RPS Group plc and related costs and expenses.

WSP Global Inc provides engineering and design services to clients in the transportation and infrastructure, property and buildings, environment, power and energy, resources, and industry sectors.

WSP Global Inc. opened trading at $159.42 per share.


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