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Arcadis Shares Fall 6% After Canada's WSP Global Pulls €4.435 Billion Takeover Offer
Arcadis shares fell 6% to €40.78 in early afternoon European trading, leading the Stoxx 600 index fallers, after Canadian engineering and infrastructure company WSP Global pulled its €4.435 billion ($5.08 billion) offer proposal for the Dutch company. WSP stated late Tuesday it was unable to advance a transaction without engagement with Arcadis's board.
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