Revenue slides at Wood Group after Sidara snub but guidance kept Energy Engineer Wood Group maintained its full year guidance despite sliding into the red after a dip revenue in its first set of results since Emerati competitor Sidara pulled out of a deal for the firm at the eleventh hour. The Aberdonian firm, which generates much of its revenue providing engineering services to the oil and [...]
Wood Group shares plunge 40 per cent after bidder Sidara walks away citing ‘geopolitical risks’ Energy Dubai-based engineers Sidara has brought an end to takeover talks with London-listed John Wood, citing "rising geopolitical risks" and "financial market uncertainty".
Wood Group engages with Sidara on latest takeover bid, extends offer deadline M&A Engineering and consulting company John Wood Group has said it is engaging with Sidara after the Dubai-based rival submitted a fourth and "final" bid for the FTSE 250 firm.
Wood Group mulls fourth and ‘final’ takeover bid from Dubai-based Sidara May 29, 2024 Dubai-based engineering and consulting firm Sidara has submitted a fourth and "final" takeover proposal to Aberdeen-based rival John Wood Group.
Wood Group rejects latest takeover bid from Dubai-based suitor Sidara May 24, 2024 Energy services firm Wood Group has rejected a third bid from Dubai-based suitor Sidara today on the grounds it “significantly “undervalues the firm.
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.