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Arcadis has announced it will acquire Hyder Consulting for £256.2m.
Arcadis UK Investments, a subsidiary of the Netherlands-based global firm, will acquire Hyder for 650p per share, a premium of 38.5 per cent on the closing price of 469p per share on 30 July 2014.
The acquisition of the £297m-turnover consultancy will allow Arcadis to "establish a footprint in new markets sooner than previously anticipated", it said in the announcement.
It follows Aecom's acquisitions of engineering consultant URS for £2.3bn and US contractor Hunt Construction earlier this month.
Arcadis said the acquisition of Hyder...