April 20 (Reuters) - Snc-Lavalin Group Inc SNC.TO
* Snc-Lavalin to acquire WS Atkins to greatly expand our global consulting, design and project management capabilities
* Snc-Lavalin to acquire WS Atkins to greatly expand our global consulting, design and project management capabilities
* Snc-Lavalin Group Inc - deal for £20.80 per share in cash
* Snc-Lavalin Group Inc - expected to deliver approximately $120 million of cost synergies by end of first full financial year after effective date
* Snc-Lavalin Group Inc - deal for $3.6 billion
* Snc-Lavalin Group - deal expected to be immediately accretive to snc-lavalin's consolidated and e&c adjusted earnings per share before any revenue and cost synergies
* Snc-Lavalin Group Inc - Snc-Lavalin does not expect integration review to have a material impact on continued employment of Atkins' employees
* Says acquisition represents an enterprise value of $4.2 billion, including pension deficit
* Snc-Lavalin Group Inc - entered into a new £300 million unsecured term loan
* Expects to maintain its investment-grade rating following closing of acquisition
* Snc-Lavalin group-acquisition to be funded through equity,debt issuance,and supported by Caisse De Dépôt Et Placement Du Québec, co's largest shareholder
* Snc-Lavalin Group Inc - reaffirming 2017 outlook for adjusted earnings per share from E&C of $1.70 to $2.00
* Fy2017 earnings per share view C$1.89 -- Thomson Reuters I/B/E/S
* Snc-Lavalin - to finance portion of deal price, entered into deal with underwriters to sell subscription receipts from treasury at $51.45/subscription receipt
* Snc-Lavalin group - concurrently with deal, snc-lavalin highway holdings and cdpq entered into loan agreement in original principal amount of $1.5 billion Source text for Eikon: ID:nCNWWDxvta Further company coverage: SNC.TO