Last checked at 7 Mar 2023 12:09
CORRECT: John Wood shares up as receives new Apollo takeover approach
(Correcting headline to clarify that John Wood has not rejected the proposal.)
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Wood Group (J) Information
Share Price Information for Wood Group (J) (WG.)
Share Price is delayed by 15 minutes
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Share Price:
180.00
Bid:
181.60
Ask:
182.50
Change:
0.00 (0.00%)
Spread:
0.90 (0.496%)
Open:
180.00
High:
183.20
Low:
179.10
Prev. Close:
180.00
Last checked at -
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Don't have an account? Click here to register.Sector movers: Wood Group drags oil services lower after share sale
Thu, 29th Nov 2012 15:47
Wood Group was under heavy selling pressure on Thursday afternoon, providing a drag on the oil equipment, services and distribution sector.Shares in the energy and power services giant were down 4.42% at 779p before the close after the family and charities of Sir Ian Wood, the former Wood Group Chairman, sold over 16.3m shares in the firm at 775p each.The £127m sale by Sir Ian Clark Wood's 1997 Discretionary Trust and "certain members" of the Wood family equated to a 4.4% stake in the company. Nevertheless, Sir Ian did not sell any of his own 2.4% interest in the firm.The former Chairman, who announced his retirement in July, has "no current intention to sell or transfer any of his Wood Group shares", according to Credit Suisse and JP Morgan who handled the sale.Top performing sectors so far todayPersonal Goods 20,541.99 +2.81%Industrial Metals & Mining 2,480.90 +2.78%Mining 18,267.09 +2.69%Industrial Transportation 2,409.58 +2.42%Fixed Line Telecommunications 2,728.57 +2.29%Bottom performing sectors so far todayTechnology Hardware & Equipment 935.72 -1.04%Tobacco 37,383.03 -0.17%General Retailers 1,960.06 -0.16%Oil Equipment, Services & Distribution 24,107.74 -0.04%Beverages 13,473.92 -0.02%BC
More News
7 Mar 2023 11:12
7 Mar 2023 10:55
7 Mar 2023 10:05
TOP NEWS: John Wood shares up as rejects new Apollo takeover approach
(Alliance News) - John Wood Group PLC on Tuesday said it has rebuffed a fourth proposal for a takeover by Apollo Global Management Inc.
Read more7 Mar 2023 09:45
Britain's Wood Group may reject $1.98 bln Apollo buyout proposal
March 7 (Reuters) - John Wood Group said it may reject a sweetened 1.64 billion pound ($1.98 billion) buyout proposal from private-equity firm Apollo Global Management Inc , as it still undervalued the British oilfield services and engineering company.
Read more7 Mar 2023 08:56
LONDON MARKET OPEN: European markets subdued before Fed testimony
(Alliance News) - London's equities got off to a lukewarm start on Tuesday, as investor caution prevailed ahead of policy commentary by the head of the US central bank.
Read more7 Mar 2023 07:49
LONDON BRIEFING: UK house prices rise; John Wood gets 4th Apollo bid
(Alliance News) - Stocks in London were called to open flat on Tuesday, with the market focusing on US monetary policy.
Read more7 Mar 2023 07:44
Wood Group rejects fourth takeover approach from Apollo
(Sharecast News) - Wood Group said on Tuesday that it was 'minded to reject' a fourth takeover approach from Apollo Global Management as it undervalues the business.
Read more23 Feb 2023 17:10
FTSE 100 slips as ex-dividend trades weigh, Rolls-Royce soars
Rolls-Royce jumps on upbeat forecast
*Read more23 Feb 2023 17:00
LONDON MARKET CLOSE: FTSE 100 struggles, but European peers rise
(Alliance News) - Stock prices in London closed mixed on Thursday, with blue-chips ending in the red on renewed concerns of higher rates in the US, as well as a host of stocks going ex-dividend.
Read more23 Feb 2023 13:52
23 Feb 2023 12:00
LONDON MARKET MIDDAY: FTSE 100 underperforms as rate worries weigh
(Alliance News) - Stock prices in London were largely higher at midday on Thursday, though the FTSE 100 was in the red as the more globally-focused index lamented interest rates in the US will likely keep pushing higher.
Read more23 Feb 2023 11:56
23 Feb 2023 11:35
23 Feb 2023 09:59