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Sidara offers 35 pence per share ahead of April 17 deadline Proposal also includes up to $450 million in cash Wood Group "minded to recommend" any formal offer on such terms Shares rise more than ...
Shares in Wood Group surged over 13% on Monday following the disclosure of a £242m takeover offer from UAE-based Sidara. The company's stock recovered considerable ground during early trading after ...
Wood Group shares soared more than 13 per cent on Monday after the announcement of a £242m takeover bid from the UAE’s Sidara. The stock clawed back significant ground in early trading after a ...
The Aberdeen-headquartered Wood Group said Sidara – a privately held network of engineering and design companies run from the United Arab Emirates – has now put forward a non-binding ...
(Reuters) - Wood Group said on Monday that Dubai-based Sidara has made a conditional proposal for the British oilfield services and engineering firm, comprising 35 pence apiece and a possible cash ...
One of Scotland's largest companies - engineering giant Wood Group - is backing a £242m takeover approach. Aberdeen-headquartered Wood said Sidara, an engineering and consultancy based in Dubai ...
The board of Wood Group (WG.) has backed a buyout offer from competitor Dar Al-Handasah Consultants Shair and Partners Holdings, known as Sidara, at just a fraction of its previous £1.56bn approach.
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