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Pin to quick picksWood Group (J) Share News (WG.)

  • This share is currently suspended. It was suspended at a price of 18.44

Share Price Information for Wood Group (J) (WG.)

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Share Price: 18.44
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Change: 0.00 (0.00%)
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Prev. Close: 18.44
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Wood Group said to be in takeover talks with Sidara, shares jump

Mon, 24th Feb 2025 14:08

(Sharecast News) - Oil services and engineering firm Wood Group confirmed on Monday that it had received a takeover approach from Dubai's Sidara.

Responding to media speculation, the company said in a brief statement: "Wood shareholders are advised to take no action in relation to the proposal.

"There can be no certainty either that an offer will be made nor as to the terms of any offer."

Earlier, the Financial Times reported that Wood Group had entered talks with Sidara about a potential takeover.

Sidara walked away from a takeover attempt in August last year, citing "rising geopolitical risks and financial market uncertainty".

At 1437 GMT, the shares were up 32% at 34.88p.

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12 Jun 2025 08:27

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(Sharecast News) - Wood Group has been granted an extension to the so-called 'put up or shut up' takeover deadline for Sidara until 30 June as part of an effort to push the deal through before the end of the month.

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Wood Group secures $2.8bn UAE project

(Sharecast News) - Wood Group said on Tuesday that it has been awarded a $2.8bn contract by ADNOC to deliver an engineering, procurement and construction management (EPCm) package for the long-term gas processing facilities at the UAE's Habshan facility.

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Wood Group wants Sidara takeover finalised before end of June - report

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Wood Group extends 'put-up-or-shut-up' deadline for Sidara bid

(Sharecast News) - John Wood Group announced an extension to the deadline for Sidara to make a firm takeover offer on Thursday, giving the suitor until 1700 BST on 12 June to either confirm its intent or walk away.

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17 Apr 2025 11:07

Wood Group extends Sidara offer deadline for second time

(Sharecast News) - Scottish engineering and consulting business Wood Group has extended the deadline for Dubai's Sidara to make a formal takeover offer for the second time.

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14 Apr 2025 09:32

UK's Wood Group shares rise after enhanced bid from Dubai's Sidara

Sidara offers 35 pence per share ahead of April 17 deadline

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