Arcadis shares slide 7% after WSP abandons takeover bid
Dutch engineering and consultancy firm Arcadis experienced a 7% decline in its shares on Wednesday, following Canadian firm WSP Global's decision to abandon its takeover bid. This marks the end of a prolonged period of speculation surrounding a potential merger that could have resulted in one of the world's largest infrastructure consultancies.
Both Arcadis' executive and supervisory boards unanimously rejected WSP's two proposals, citing them as fundamentally undervaluing the company. Additional concerns included execution risks, cultural differences, and the complexity of merging the two businesses. Despite reiterating its commitment to its second-quarter 2026 objectives, which encompass targeting the most promising markets, streamlining the business to meet client requirements, and enhancing operational efficiency, Arcadis is set to present its medium-term strategy at a capital markets event in Amsterdam on September 29.
The company currently employs around 34,000 professionals across more than 30 nations and achieved a gross revenue of €4.9 billion in 2025.
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