London-listed engineering and consulting firm Wood Group said it is likely to recommend a takeover by Middle Eastern-based ...

The new wave of interest from abroad in snapping up UK assets has continued, with engineering and consulting firm Wood Group ...

Dubai-based Sidara is considering reducing the price of its takeover bid for Wood Group , as Britain's financial regulator has launched a probe into the oilfield services provider, the Financial Times ...

UK's John Wood Group on Wednesday extended the deadline by which Dubai-based engineering and consulting firm Sidara would need to make a firm offer for the company to not later than August 9.

Meanwhile, Aberdeen-based Wood Group has been the subject of a takeover approach by Dubai-based buyer Sidara. The latest offer, received in April, valued the company at around £242 million.

Wood Group (OTCPK:WDGJF) (OTCPK:WDGJY) said it no longer expected to publish FY 2024 accounts by April 30, and will suspend its shares from that date if further work was still needed to complete them.

A team from Wood Group subsidiary, Woodhill Frontier, will provide specialist health, safety and environment skills to the project, which is expected to continue until June 2006.