02:48 AM EDT, 09/23/2026 (MT Newswires) -- WSP Global withdrew its takeover offer for Arcadis (ARCAD.AS) after the latter's board rejected the offer as it fundamentally undervalued the Dutch design and consultancy company's intrinsic value, strategic position and prospects, Arcadis said Wednesday that the proposed deal also raised concerns over the execution of strategic plans, cultural fit and integration risks, with potential adverse consequences for shareholders, employees, clients and other stakeholders. The Canadian engineering group, however, said Tuesday that it continues to believe that the value-creation opportunity from combining the two companies can only be realized through a negotiated transaction supported by Arcadis' boards.

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