Aecom Tech to acquire Tyco International unit for $510 mln

martedì 12 febbraio 2008 14:18

Feb 12 (Reuters) - Engineering and design firm Aecom Technology Corp (ACM.N: Quotazione) said it agreed to acquire Earth Tech, a unit of Tyco International Ltd TYC.N, for $510 million in cash to strengthen its position in core water and wastewater markets.

The company expects the deal to slightly add to cash earnings per share in fiscal year 2008. (Reporting by Jennifer Robin Raj in Bangalore; Editing by Deepak Kannan)