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Canada’s WSP Global wins NZ clearance to acquire Opus International Consultants

( November 27, 2017, 05:43 GMT | Insight) -- Canada’s WSP Global has obtained New Zealand Overseas Investment Office approval for its NZ$283.9 million ($194.8 million) acquisition of local engineering consulting firm Opus International Consultants, the National Business Review reports.Canada’s WSP Global has obtained New Zealand Overseas Investment Office approval for its NZ$283.9 million ($194.8 million) acquisition of local engineering consulting firm Opus International Consultants, the National Business Review reports. Clearance enables WSP to declare the deal unconditional, as it has already crossed the 90 percent threshold to buy out remaining shareholders. The decision has allayed fears that other deals being reviewed by the investment office would be stalled after the government said last week that it was reworking policies to further restrict the sale of local assets to foreign entities....

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