Tetra Tech to Acquire Coffey International Limited

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Go back to Tetra Tech to Acquire Coffey International Limited

Tetra Tech (TTEK) to Acquire Coffey Int'l for A$0.425/Share

October 14, 2015 6:33 AM EDT

Tetra Tech (NASDAQ: TTEK) and Coffey International Limited (ASX: COF) are pleased to announce the execution of a Bid Implementation Agreement (BIA) under which Tetra Tech will make an off-market takeover offer to acquire 100% of the outstanding shares of Coffey for A$0.425 cash per share.

Founded in 1959 as Australias first geotechnical engineering firm, Coffey employs 3,300 staff globally, delivering smart solutions and providing innovation and insight across three core service areas including international development, geoservices, and project management. For the most recent fiscal year ended June 30, 2015, Coffey reported revenue of A$556 million (US$407... More