Wood Group rejects second takeover offer from Dubai-based rival Sidara May 15, 2024 Yesterday, Sidara hiked its initial offer of over £1.4bn, or 205p per share, by about three per cent to 212p per share.
Wood Group publishes upbeat trading update after rebuffing bid May 9, 2024 Wood Group has published an upbeat trading update after it emerged the group had recieved a buyout offer.
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.
Leave London if UK markets are ‘unwilling or unable’ to engage, hedge fund tells Wood Group April 16, 2024 In the letter, which City A.M. has also seen, Sparta said it has been a shareholder in Wood since "early 2022," and during that time, the fund has been "frustrated by the continued underperformance of the shares."
Wood Group pushes cost-cutting drive and upgrades 2024 outlook March 26, 2024 The company currently employs around 6,500 in the UK, most of whom are in Aberdeen.
UK oil major Wood Group to axe 200 jobs March 21, 2024 The company currently employs around 6,500 in the UK, most of whom are in Aberdeen.