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Arcadis to leave Nasdaq

Wednesday 16 May 2007

Civil engineering group Arcadis is to end its listing on the US Nasdaq because it is not cost effective, the company said on Wednesday. Chairman Harry Noy said leaving the Nasdaq would save €2m a year from 2008.

Arcadis got its US listing in 1993 through its merger with the US firm Geraghty & Miller.

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