secwatch.observer — SEC 8-K summary
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Issuer:     TETRA TECH INC (TTEK)
CIK:        0000831641
Form:       8-K
Filed at:   2022-09-26T23:59:59+00:00
Accession:  0001104659-22-102772
Event type: m_and_a
Sentiment:  positive
Materiality: 0.80
Item codes: 1.01, 2.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Tetra Tech acquires RPS Group for 222p/share (~£636M) in recommended cash offer
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- Acquiring RPS Group plc for 222 pence per share in cash, valuing RPS at approximately £636 million.
- Price represents a 7.8% premium over the competing WSP offer of 206p per share.
- Entered a £714M + $350M bridge loan facility with Bank of America to finance the acquisition.
- Received irrevocable undertakings from shareholders representing 27.53% of RPS issued share capital to support the deal.
- Acquisition expected to be mid-to-high teen percent accretive to Tetra Tech's adjusted EPS after realizing £21M in cost synergies.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/831641/000110465922102772/0001104659-22-102772-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/831641/000110465922102772/tm2226569d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-102772

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