SNC’s shares, which have fallen more than 44% in 2019, fell nearly 8% in morning trade.

Montreal-based
SNC has been facing a trial in Canada over fraud and corruption charges
related to allegations that former executives paid bribes to win
contracts in Libya under Muammar Gaddafi’s regime, which fell in 2011.
The company’s unsuccessful attempts to reach a settlement led to a
political scandal engulfing Prime Minister Justin Trudeau.