Wood Group (J) Share News (WG.)

London close: Stocks slip as investors digest Powell's comments

(Sharecast News) - London stocks ended in negative territory on Tuesday, driven by concerns over a decline in retail sales and the impact of comments from US Federal Reserve chair Jerome Powell.

IN BRIEF: John Wood awarded a six-year contract by Shell in Australia

John Wood Group PLC - Aberdeen, Scotland-based engineering services company - Awarded a six-year contract to provide brownfield engineering, procurement, and construction management solutions to Shell PLC. The contract relates Shell's Prelude floating liquefied natural gas platform in Western Australia, the world's largest floating offshore gas facility. John Wood provides no financial details for the agreement.

Wood Group wins six-year contract at Shell Prelude facility

(Sharecast News) - Engineering and consulting firm Wood Group has signed a six-year contract with energy giant Shell to provide brownfield engineering, procurement, and construction management solutions.

IN BRIEF: Sidara's bid deadline for John Wood extended until July 31

John Wood Group PLC - Aberdeen, Scotland-based consulting and engineering firm - Says Dar Al-Handasah Consultants Shair & Partners Holdings Ltd, known as Sidara, has asked for more time to consider whether to make a formal bid for the company. As a result, the Takeover Panel has extended the put up or shut up deadline for Sidara until July 31. This deadline can be further extended by the board of John Wood, with the consent of the Takeover Panel. In June, John Wood received a fourth possible takeover proposal from Sidara last week worth 230 pence per share. Sidara has steadily increased its bid proposal after making an initial approach worth 205p per share which John Wood disclosed in early May.

Sidara's takeover deadline for Wood Group extended

(Sharecast News) - Wood Group said on Wednesday that the deadline for Sidara to either announce a firm intention to make an offer or walk away has been extended as the Dubai-based engineering and consultancy firm needs more time for due diligence.

LONDON MARKET CLOSE: Europe heads higher as ECB cuts interest rates

(Alliance News) - Stock prices in Europe close higher on Thursday, after the European Central Bank cut its interest rates for the first time since 2019.

London stocks close higher on miners boost; ECB cuts rates

FTSE 100 up 0.5%, FTSE 250 adds 0.2%

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LONDON MARKET MIDDAY: Europe gets boost ahead of ECB rate call

(Alliance News) - Major European indices got a boost on Thursday, as investors eye the European Central Bank's latest interest rate decision.

Wood Group to 'engage' with Sidara on takeover proposal

(Sharecast News) - Wood Group said late on Wednesday that it had decided to "engage" with Sidara after the Dubai-based engineering and consulting firm made an improved and final takeover proposal last week at 230p a share.

TOP NEWS: John Wood decides to engage with Sidara over possible bid

(Alliance News) - John Wood Group PLC on Wednesday said it has decided to engage with Dar Al-Handasah Consultants Shair & Partners Holdings Ltd after evaluating a fourth bid proposal received last Wednesday.

LONDON MARKET CLOSE: Stocks fall as US Treasury yields widen

(Alliance News) - Stock prices in Europe declined on Wednesday with markets nervy ahead of US data later this week, and as investors digest hawkish words from a US central banker.

TOP NEWS: John Wood gets "fourth and final" Sidara takeover bid

(Alliance News) - John Wood Group PLC on Wednesday confirmed that Dar Al-Handasah Consultants Shair & Partners Holdings Ltd has made another cash takeover offer.

Sidara raises proposed buyout offer for UK's Wood Group for third time

May 29 (Reuters) - Dubai-based engineering and consulting firm Sidara on Wednesday raised its proposed takeover offer for John Wood Group for the third time, saying that was its "final offer" for the British oilfield services and engineering company.

Sidara makes final takeover approach to Wood Group at 230p a share

(Sharecast News) - Wood Group said on Wednesday that it was evaluating a fourth and final "unsolicited, preliminary and conditional" takeover proposal from Dubai-based engineering and consulting firm Sidara at 230p a share.

LONDON MARKET CLOSE: FTSE 100 stumbles as rain dampens retail sales

(Alliance News) - Stock prices in London closed mixed on Friday, with the FTSE 100 finishing lower, but smaller indices ending in the green.