US firm snaps up WYG after consultant says cost-cutting initiative would have taken too long

By Dave Rogers2019-05-20T09:48:00

£43m takeover expected to complete in July

The directors of WYG have said they are recommending a £43m takeover of the struggling consultant by a US firm because it would have taken 18 months for an ongoing restructure to have any impact.

California-based Tetra Tech, which is listed on the US stock exchange and is worth $3.7bn, is expected to wrap up the deal by July.

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