Arcadis has received a second ‘unsolicited, conditional and non-binding proposal’ from WSP Global Inc, regarding a potential offer for all issued and outstanding shares of Arcadis at a price of €51.5 per share in cash and WSP stock.
Arcadis confirmed that WSP had returned with a revised bid after an initial €48.5 per share offer was unanimously rejected by Arcadis’ executive and supervisory boards earlier this week.
The Dutch consultancy responded to the second offer with a statement that leaves no room for misunderstanding or misinterpretation, insisting that the Executive Board and Supervisory Board, together with their financial and legal advisers, are carefully reviewing the revised proposal in accordance with their fiduciary responsibilities and in the interests of all shareholders and stakeholders, says Finanz Nachtichten.de.
While no decision has been made regarding the revised proposal, the Boards continue to believe that Arcadis is well positioned to deliver significant value creation through the execution of its strategy. The Company’s Q1 2026 results demonstrated positive operational momentum and progress against its strategic priorities.
The Boards remain highly confident in the Company’s strategy, operational momentum and medium-term outlook. Arcadis’ recent performance and the actions underway to accelerate growth, improve margins and enhance cash generation provide a clear path to creating substantial shareholder value significantly in excess of that reflected in WSP’s proposal.
(Picture: Arcadis)
