John Wood Group PLC (WDGJY)
- Reuters
UK's Wood Group rejects engineering firm Sidara's 1.4 billion pound bid
A Bloomberg report on Sidara weighing a bid had sent shares of FTSE 250-listed Wood up as much as 26% earlier in the day. Last year, U.S.-based Apollo Global Management abandoned a 240 pence per share bid for Wood after multiple offers were rejected. Wood, which provides consultation, management of assets and engineering services for the energy and materials sector, operates in more than 60 countries.
- Bloomberg
Wood Group Rejects £1.4 Billion Takeover Proposal From Sidara
(Bloomberg) -- John Wood Group Plc said it rebuffed a £1.4 billion ($1.8 billion) bid from family-owned engineering company Sidara. Most Read from BloombergTrump Judge Indefinitely Postpones Documents Case TrialAmericans Are Racking Up ‘Phantom Debt’ That Wall Street Can’t TrackOne Out of Every 24 New York City Residents Is Now a MillionaireTrump’s Private Life Exposed in Intimate Stormy Daniels TestimonyLondon-listed Wood received an unsolicited preliminary proposal of 205 pence per share from
