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Atkinsrealis Group Inc T.ATRL

Alternate Symbol(s):  SNCAF

Atkinsrealis Group Inc., formerly SNC-Lavalin Group Inc., is a professional services, and project management company. It delivers end-to-end services across the whole life cycle of an asset including consulting, and advisory and environmental services. Its segments include Engineering Services; Nuclear; O&M; Linxon; LSTK Projects, and Capital. The Engineering Services segment includes consultancy, engineering, design and project management services. The Nuclear segment supports clients across the entire nuclear lifecycle with the full spectrum of services from consultancy, EPCM services, field services, technology services, spare parts, reactor support and decommissioning and waste management. The O&M segment consists of providing operations, maintenance, and asset management solutions. The Linxon segment offers engineering, procurement, management, and construction services. The LSTK Projects is comprised of the remaining LSTK construction contracts of the Company.


TSX:ATRL - Post by User

Bullboard Posts
Comment by NiN777on Jun 21, 2019 1:24pm
85 Views
Post# 29850150

RE:RE:RE:407

RE:RE:RE:407The only thing I could think of is that they could not agree on the price. It might have been the way the contract has been written, this contract hasn't been made public, so I would exercise restraint in saying "bunch of idiots...". Maybe that's the case, but without the information that would be stupid to presume isn't it...? SNC Lavalin CEO made it clear in the question period of Q1 result that there would be no bid war, but without saying why that is the case. I think he exercised restraint because he does not want to upset any parties(we're talking billions there) and he needs the sale to go through. I do not see why there could not be a bid war between Ferrovial(Cintra) and CPPIB, CPPIB has very deep pockets and they could pay 4 billions easy and still come out on top (since they're a state pension fund and invest on the ultra long term).
Bullboard Posts