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)
Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.
Recommended Articles
Featured Tools
Top News
Meme Stocks Reappear. Avis Shares Reach New Highs Amid Short Squeeze. Can Retail Investors Still Buy?

Tesla Q1 2026 Earnings Preview: 50,000-Unit Inventory Overhang, Energy Storage Halved, 5 Core Metrics Long-Term Investors Should Really Watch

Bitmine 2030 Stock Price Prediction: Why Did BMNR Stock Price Fall? How High Will It Rise in the Future?

Strike Threat Could Cost 30 Trillion Won, Can Samsung’s Stock Rally Last?

NVDA Stock vs Micron Technology Stock: Why AI Memory Demand Could Outpace Nvidia’s Next Growth Phase

Tradingkey






