WSP to buy Ricardo

Consulting giant WSP has struck a deal to acquire London-listed rival Ricardo for £281m.
Ricardo has headquarters in the UK and operates across 20 countries employing 2,700 staff.
The firm has been undergoing a restructuring to concentrate on its environment and energy and rail business and WSP said its more niche Automotive and Industrial and Performance Products divison is “likely” to be sold.Alexandre L’Heureux, President and CEO of WSP said: “The proposed acquis