Wednesday , 17 December 2025

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Canada’s WSP Global mulls US acquisitions

  Bloomberg WSP Global Inc., the Canadian engineering firm helping to oversee the development of California’s $64 billion high-speed rail line, is looking for more US work through acquisitions. “If we find a transaction that makes sense, we will do it,” said Chief Executive Officer Alexandre L’Heureux. He is especially interested in deals that would bulk up the firm’s US …

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UK to raise $14.7bn in Blackstone-Prudential deal

  Bloomberg The UK will raise 11.8 billion pounds ($14.7 billion) selling mortgages to Blackstone Group LP funds and Prudential Plc, as it takes another step toward clearing assets acquired from lenders that failed in the financial crisis. “This is a significant milestone,” Ian Hares, chief executive officer of UK Asset Resolution Ltd., the state agency that managed the sale, …

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US telecoms reap benefits as GOP scraps rules

  Bloomberg Some of Washington’s most persistent lobbyists are racking up big wins, as regulators, members of Congress and even President Donald Trump embrace priorities expressed by the biggest communications companies. Broadcasters are near to gaining renewed freedom to grow through mergers, and telephone providers are poised to dodge rate caps. Each step reverses policies from the Obama era. “It’s …

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