Opus shares rise to three-month high after buying Canadian business Stewart Weir

Tue, 03 Sep 2013

By Tina Morrison Sept. 4 (BusinessDesk) – Shares in Opus International Consultants rose to a three-month high after the engineering consultancy agreed to pay as much as C$90 million for engineering and environmental advisers Stewart Weir, propelling its Canadian business to its second-largest unit by revenue. Opus shares gained 4.8 percent to $1.76 after the company said it will pay an initial C$50 million for Stewart Weir, with the potential for a further C$40 million in integration and performance-based payments over three years. Opus, wh...

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