ATKW.L), a British engineering and design consultancy, has been approached by U.S. firm CH2M for a potential $4 billion merger, the Times reported.

CH2M made the method for Atkins at a senior degree, though it’s unclear how far talks developed, the newspaper reported.

Atkins mentioned final yr that plans by each the UK authorities and new U.S. President Donald Trump to extend infrastructure spending would profit the corporate within the medium time period. nL4N1DI2Y7

“It is our policy not to comment on rumor and speculation,” Atkins mentioned in response to an inquiry by Reuters, whereas CH2M was not instantly out there for remark.

(Reporting by Parikshit Mishra in Bengaluru; Editing by Peter Cooney and Lisa Von Ahn)

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