Atkins has confirmed that it has received a takeover bid and is considering the offer.
The UK engineer announced on Monday that it had been approached by Canadian company SNC-Lavalin.
Atkins told the City the two companies were in talks after SNC-Lavalin offered 2,080p for every share of the company. SNC-Lavalin’s offer values the multinational engineering giant at around £2.1bn.
Atkins said it had indicated to SNC-Lavalin that it would be prepared to recommend the offer to stakeholders subject to reaching agreement on other terms and conditions.
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