Aecom to acquire Hunt Construction Group

|By:, SA News Editor

Aecom Technology (NYSE:ACM) is expected to announce its purchase of Hunt Construction today, a construction-management company that specializes in stadium work.

The new acquisition is Aecom's second big purchase in two weeks. The company bought rival URS for $4B in cash and shares on July 14.

With the new additions of Hunt and URS, Aecom's workforce will reach 95K in 150 countries and generate annual revenue of about $20B.