April 3 Canada's SNC-Lavalin Group Inc
has offered to buy British engineering and consultancy firm WS
Atkins for 2,080 pence per share, Atkins said on
The all-cash offer represents 35 percent premium to Atkins'
Friday close at 1,540 pence.
"The board of Atkins has indicated to SNC-Lavalin that the
possible offer would deliver value to Atkins shareholders at a
level that the Board would be prepared to recommend, subject to
reaching agreement on the other terms and conditions of the
offer," Atkins said in a statement.
(Reporting by Rahul B in Bengaluru; editing by Jason Neely)