American consulting firm CH2M has reportedly approached Atkins regarding a £3.1bn ($4bn) merger, after CH2M said it expects to ramp up its employment in the UK.
CH2M approached the British engineering firm at a senior level but it is not clear how far the discussion progressed, according to a report in the Times.
Last year Reuters reported that Atkins said plans to spend more on infrastructure by the UK and US governments would benefit the firm in the medium-term.
“It is our policy not to comment on rumour and speculation,” said an Atkins spokesperson. CH2M could not be reached for comment.
The news comes after CH2M announced that it is restructuring, moving towards a more “client-centric model” of business and saving £80M. The company stressed it would not affect UK jobs.
“Unlike typical restructuring activities, the focus of CH2M’s realignment to a client-centric operating model is not about cost cutting, so no objective targeting positions in the UK. On the contrary, we’d expect to ramp up employment in the U.K. for the work we have slated there in 2017,” said a CH2M spokesperson.