WSP Global Progresses in Discussions to Buy Aecom

  • Companies could announce transaction as soon as this month
  • Transaction would create new engineering services conglomerate

Photographer: Robyn Beck/AFP via Getty Images

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Canada’s WSP Global Inc. is moving ahead with talks to acquire rival engineering services firm Aecom, people familiar with the matter said.

A deal could be announced as soon as next week, the people said, asking not to be identified because the matter is private. The market volatility has added uncertainty to the negotiations, and discussions could drag on further or fall apart, according to the people.