SNC-Lavalin Buying Kentz for C$2.1-Bn

摘要

Montreal— SNC-Lavalin has reached an agreement with Kentz Corp. to acquire all of the Kentz-issued and to be issued ordinary shares for approximately C$2.1-billion. "The addition of Kentz's capabilities will make SNC-Lavalin a leading global engineering and construction player in the oil and gas sector, with a greater presence in key growth regions, include the Middle East, North America and Asia Pacific, with & significant presence in Australia, SNC-Lavalin said.