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3 days ago · Dubai-based engineering and consulting firm Sidara has submitted a fourth and “final” takeover proposal to Aberdeen-based rival John Wood Group. It announced on Wednesday that the new proposal ...
3 days ago · John Wood Group plc, the Aberdeen-based engineering and consulting giant, said on Wednesday it is evaluating “a fourth and final, unsolicited, preliminary and conditional” cash takeover proposal from Dubai-based firm Sidara. The latest takeover proposal of £2.30 per share would value Wood Group at about £1.59bn, representing a premium of ...
May 9, 2024 · News. Aberdeen News. Sir Ian Wood. John Wood Group rejects £1.42bn takeover bid from Dubai-based rival. The FTSE 250 firm, which provides oilfield and engineering services, said in a stock market update that it had rejected the offer because it "undervalued Wood and its future prospects" News. By. Alex Daniel, PA Business Reporter.
May 8, 2024 · Shares in John Wood Group close up nearly 17% after the company told the City it had rebuffed a takeover approach which valued the Aberdeen-based engineering giant at £1.42 billion.
May 10, 2024 · ENERGY and engineering services giant John Wood Group, which this week rejected a £1.4 billion takeover offer from Dubai-based rival Sidara, which it said “fundamentally undervalued” the...
May 9, 2024 · The next Annual General Meeting of John Wood Group PLC will be held on a date and at a venue to be confirmed in Spring 2025. The Wood plc investor website includes investor information, annual results, corporate governance and more.
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May 9, 2024 · John Wood Group PLC (‘ Wood ’ or ‘ the Group ’) announces a trading update for the quarter ended 31 March 2024 (‘ Q1 ’). Ken Gilmartin, CEO, said: “We are now in the second year of our growth strategy and are making good progress, with EBITDA growth, margin expansion and an order book 9% higher than a year ago.