Thomson Geer advises Tetra Tech on Coffey International takeover

Oct 16 2015


Our Sydney Corporate team are advising engineering services company Tetra Tech Inc, as it launches a $109 million takeover bid for all of the shares in ASX listed Coffey International Ltd. 

US-based Tetra Tech has offered 42.5c per share for all outstanding shares for the geotechnical services provider, representing a significant premium to its recent share price. The Tetra Tech offer has been recommended to Coffey shareholders by the Coffey Board. 

Tetra Tech is a leading provider of consulting and engineering services, which supports commercial and government clients focused on water, environment, infrastructure, resource management and energy, and has around 13,000 staff worldwide.