The board of Wood currently believes that the possible offer represents the better option for Wood’s shareholders, creditors ...

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 engineering giant could be sold to a Dubai-based firm - but London is noticing the threat from losing control of ...

Wood Group has been awarded two engineering and procurement contracts worth a combined $11 million by a TotalEnergies ...

UK engineering contractor Wood Group has once again extended its deadline for United Arab Emirates-based Sidara to make an ...

The board of Aberdeen -based Wood has signalled to Sidara that it would be “minded to recommend” to shareholders a “non-binding conditional proposal” worth 35p per share for the entire issued share ...

British oilfield services and engineering company Wood Group has received a proposal from Dubai's Sidara comprising a takeover bid worth about 242 million pounds ($318.4 million) and up to $450 ...

Energy engineering specialist says £242mn buyout plus $450mn in new loans from Sidara is the best option for shareholders and ...

John Wood Group Plc said it will adjust its income statement and balance sheet after an independent review uncovered “material weaknesses” in the business. The shares slumped the most in six ...

Scottish energy-services company John Wood Group said the deadline for Sidara to make a firm takeover offer for the company has been extended by a month. Sidara now has until May 15 to either make a ...

One of Scotland's largest companies - engineering giant Wood Group - is backing a £242m takeover approach.

April 17 (Reuters) - UK's Wood Group (WG.L), opens new tab on Thursday said it has extended the deadline for a takeover offer by Dubai-based Sidara to May 15 from April 17. On Monday, the company ...