Wood Group shares plunge 40 per cent after bidder Sidara walks away citing ‘geopolitical risks’ August 5, 2024 Dubai-based engineers Sidara has brought an end to takeover talks with London-listed John Wood, citing "rising geopolitical risks" and "financial market uncertainty".
Admiral Acquisition becomes latest firm to exit London Stock Exchange after £1.48bn deal May 22, 2024 Admiral Acquisition has become the latest company to announce it will leave the London Stock Exchange for New York, after buying US engineering business Acuren for $1.85bn (£1.48).
Smiths Group: Engineering and tech giant on track as new chief settles in May 21, 2024 New Smiths Group chief Roland Carter has overseen a solid first quarter in his first few months at the company.
Renew hopes to cash in on Britain’s net zero drive after delivering record first half May 14, 2024 Renew upped its dividend after delivering a record performance in the first half of the year as the firm looks to cash in on Britain's net zero transition plans,
Wood Group shares soar after engineering giant rejects takeover bid from Dubai-based rival May 8, 2024 It said the board concluded that the offer "fundamentally undervalued Wood and its future prospects" and rejected it earlier today.
Renishaw lowers full-year revenue and profit guidance May 8, 2024 Renishaw has slightly lowered its full year guidance after seeing an uptick in revenue at the start of this year, putting a gloss on what was a difficult trading period in the previous six months.
Chamberlin shares plunge as engineering group cuts jobs and hikes prices April 10, 2024 Manufacturer Chamberlin has hiked prices and initiated a wide-ranging cost cutting programme as it deals with a slowdown in demand.