Jacobs Engineering to buy CH2M Hill Cos for $3.27 bln

Jacobs Engineering Group Inc has agreed to buy CH2M Hill Companies Ltd in a deal valued at $3.27 billion, including $416 million of debt. BNP Paribas and the Bank of Nova Scotia are providing debt. CH2M, of Englewood, Colorado, is a design, engineering and program management firm. Apollo Global Management reportedly paid $300 million for a minority stake in 2015 and has about 18 percent voting interest in CH2M.

DealsNorth AmericaUSBriefs