Breakfast Deals: Constructive play

US interest in Sinclair Knight Merz puts Australian engineering firms back on the radar, while Perpetual comes out as top Trust Company suitor.

It's been a while since deal watchers have been treated to something big in Australia's engineering sector, but there are hopes Jacobs Engineering's major tilt at Sinclair Knight Merz will stoke interest in other domestic consultancies with a similar international presence.  Elsewhere, The Trust Company backs Perpetual, while Pepper Australia tries to woo RHG with a sweetened offer. And which of its five potential takeover options will Challenger choose?

Jacobs Engineering, Sinclair Knight Merz

Australian engineering firms will be back on international radars this morning, after New York-listed Jacobs Engineering launched a $1.3 billion bid for Australia’s Sinclair Knight Merz.


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