Arcadis Rejects Improved WSP Takeover Approach as Battle for Engineering Giant Intensifies

DredgeWire28 Jul 2026Competition
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The revised offer of €51.50 per share in cash and WSP stock was deemed by Arcadis’ boards to fall short of the company’s long-term value, following a first bid of €48.50 per share rejected days earlier. Arcadis is reviewing the non-binding, conditional proposal with advisers but remains committed to its independent strategy, citing Q1 2026 operational progress and a plan to accelerate organic growth, improve margins, and strengthen cash generation.

Context

The formal rejection and detailed board reasoning confirm and expand on the earlier report of the two unsolicited bids.

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