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Jacobs Takes Majority Stake in PA Consulting to Form Strategic Partnership
Further enables shift to a global leader in high-value solutions
Continue to expect $0.52 to $0.57 of adjusted EPS accretion from PA for fiscal 2022
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DALLAS, March 3, 2021 /PRNewswire/ Accelerating its growth strategy as a leading technology-enabled solutions provider, Jacobs (NYSE:J) has taken a 65% stake in PA Consulting, a leading innovation and transformation consulting firm. The investment places an enterprise value of PA at £1.825 billion ($2.5 billion
1) and transforms PA into a global player at scale. The remaining 35% stake is held by PA employees.