Ashurst is advising URS Corporation in relation to its £161 million
offer for Scott Wilson Group plc. Under the terms of the offer,
recommended by the board of Scott Wilson, shareholders will receive
210 pence per share in cash with a loan note alternative. Scott
Wilson is a global design and engineering consultancy company,
headquarters in the UK, with a worldwide network of 80 offices and
over 5,500 employees.
URS Corporation (NYSE: URS) is a leading international provider of
integrated engineering, construction and technical services with a
network of offices across the United States and in more than 30
countries.
The Ashurst team advising URS Corporation is being led by corporate
partners Richard Gubbins and Anthony Clare,
assisted by associates Dominic Ross, James Fletcher, Kit Westropp
and Nerys Evans. Also advising are competition partner Neil
Cuninghame, head of pensions Steve Hull, tax partner
Richard Palmer, head of employee
benefits and incentives Paul Randall, and court schemes
specialist Sara Watson, of counsel.
Corporate partner Richard Gubbins said :
"Ashurst is delighted to be advising URS Corporation on this
transaction. We first advised URS Corporation on their acquisition
of Dames & Moore over ten years ago and we are now very
pleased to be advising them again as they roll out their global
footprint."