Takeover target WYG racks up another loss

By Dave Rogers2019-06-11T10:35:00

Shareholders to vote on US firm’s £43m bid for loss-making consultant later this month

Struggling consultant WYG stayed firmly in the red last year posting a £4.6m pre-tax loss in what is due to be its last set of results before the firm is snapped up by a US rival.

California-based Tetra Tech, which is listed on the US stock exchange and is worth $3.7bn, is expected to wrap up the £43m deal in four weeks’ time.

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