Jacobs Engineering Group, which designs highways, bridges and airports, plans to buy CH2M Hill Cos Ltd in a $3.27 billion cash-and-stock deal. The deal would more than double Jacobs' revenue from its buildings and infrastructure business.
Jacobs expects annual revenues of $15.1 billion, which would put the company in contention with the largest engineering firm in the world, AECOM.
(more on Jacobs purchase of CH2M...)