ARCADIS buys Malcolm Pirnie
PSMJ Resources
JUNE 25, 2009
SNS Securities analysts commenting on the deal wrote, "We expect that ARCADIS.will be able to bring Pirnie's margins in line with company margins through synergies, thereby creating value." "The major shareholders comprising ownership of 48 percent of the outstanding shares have provided irrevocable support of the merger," according to the release.
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