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  5. WSP: Any brief comments as it is after business hours, on the WSP acquisition and financing via receipts? [WSP Global Inc.]
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Q: Any brief comments as it is after business hours, on the WSP acquisition and financing via receipts?
Asked by Aaron on August 12, 2024
5i Research Answer:

The Power Engineers acquisition looks good and is 'immediately accretive' to earnings before synergies. The financing is in connection with the acquisition in order to maintain a strong balance sheet. The receipts come at a decent discount and we would be fine buying.