Wood Group (J) Share News (WG.)

TOP NEWS: John Wood shares fall 38% as Sidara withdraws from offer

(Alliance News) - Shares in John Wood Group PLC tumbled early Monday, after a potential bidder for the oil field services firm withdrew.

Wood Group tumbles as Sidara walks away

(Sharecast News) - Wood Group tumbled on Monday after Dubai-based engineering and consultancy firm Sidara said it won't be making a firm takeover offer for the company due to "geopolitical risks and financial market uncertainty".

John Wood finds USD25 million in savings as interim revenue decreases

(Alliance News) - John Wood Group PLC on Thursday reconfirmed its full-year outlook as adjusted earnings improved in the first six months.

Wood Group backs full-year outlook despite revenue dip

(Sharecast News) - John Wood Group reiterated its full-year outlook on Thursday, despite a fall in interim revenues.

LONDON BROKER RATINGS: Barclays raises Kerry, cuts Hunting, Wood Group

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and on Tuesday:

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.

John Wood's decision to engage with Sidar sparks conflicting reaction

(Alliance News) - John Wood Group PLC's decision to engage with bidder Dar Al-Handasah Consultants Shair & Partners Holdings Ltd, known as Sidara, prompted a mixed reaction from analysts on Thursday.

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.