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Evening Standard
Evening Standard
Business
Jonathan Prynn

Engineering pioneer Ricardo joins exodus from London stock market with £281m sale

Hydrogen cell: Ricardo helps develop clean engine technology - (Ricardo)

One of Britain’s oldest independent engineering companies is the latest to give up its listing on the London stock market after accepting a takeover offer from a Canadian bidder.

Ricardo, which was founded in 1915 by engine design pioneer Sir Harry Ricardo, is being sold to Montreal based consulting giant WSP Global in a £281 million cash deal.

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