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SNC-Lavalin CEO says Elliott's stake in WS Atkins not an obstacle to deal
May 4, 2017 / 4:59 PM / 6 months ago

SNC-Lavalin CEO says Elliott's stake in WS Atkins not an obstacle to deal

MONTREAL (Reuters) - SNC-Lavalin (SNC.TO) CEO Neil Bruce said on Thursday activist investor Elliott Capital’s stake in WS Atkins ATKW.L “is not an obstacle” to buying the firm.

FILE PHOTO: Neil Bruce, president and CEO of SNC-Lavalin, poses in their head offices in Montreal, November 10, 2015. REUTERS/Christinne Muschi

Last month Elliott Capital disclosed a 6.8 percent stake in WS Atkins after the British engineering and construction consultancy firm agreed to the be bought by the Canadian company..

Bruce was speaking to reporters after SNC’s annual general meeting in Montreal.

Reporting by Allison Lampert; Editing by

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