UK's Ricardo soars on WSP Global takeover

Consulting firm Ricardo RCDO.L shares up 25.7% at 420.4p

Stock on track for its biggest one-day pct gain since March 2020

WSP Global WSP.TO to acquire co for an enterprise value of 363.1 million pounds ($488.99 million)

WSP's acquisition values RCDO at about 281 million pounds

Ricardo shareholders to receive 430p/shr

Science Group SAGS.L, which holds about 21.8% of the voting rights in RCDO, said it supports WSP's offer and will sell a 20% stake to WSP for about 53.5 million pounds

Science Group did not immediately respond to Reuters' request for comment

YTD, RCDO down nearly 20%, including session's move

($1 = 0.7426 pounds)