Wood Group (J) Share News (WG.)

LONDON MARKET CLOSE: FTSE 250 shines but large-caps tepid on Fed bets

(Alliance News) - The FTSE 100 closed off sessions highs after listless afternoon trading on Monday, though the FTSE 250 was given some impetus from M&A moves.

UK's THG gets buyout proposal from Apollo, shares jump

British online firm receives 'highly preliminary' approach

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Is that all priced in by now?

STOXX 600 up 0.1%

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LONDON MARKET MIDDAY: Stocks green amid takeover activity; pound soft

(Alliance News) - Stock prices in London were higher at midday on Monday as news of possible takeovers of FTSE 250 constituents gave a boost to investor sentiment.

TSMC: Overcrowded?

STOXX 600 up 0.1%

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European banks brace for earnings season

STOXX 600 up 0.1%

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STOXX hits 14-month high

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STOXX HITS 14-MONTH HIGH (0835 GMT)

TOP NEWS: John Wood jumps amid takeover talks with Apollo

(Alliance News) - John Wood Group PLC on Monday said it has decided to engage with Apollo Management Holdings LP to see if a firm takeover offer can be made by the private equity firm on the same financial terms as Apollo's last proposal.

LONDON MARKET OPEN: FTSE 250 lifted by M&A activity, Royal Mail deal

(Alliance News) - Stock prices in London opened higher on Monday, with the large-cap FTSE 100 index boosted by commodity stocks and the mid-cap FTSE 250 lifted by prospective dealmaking.

LONDON BRIEFING: Possible offers for Network International, John Wood

(Alliance News) - Stock prices in London were called higher on Monday, following Asian equities into the green.

European futures edge higher

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EUROPEAN FUTURES EDGE HIGHER (0639 GMT)

Wood Group opens talks with Apollo on possible £1.6bn bid

(Sharecast News) - Shares in Wood Group surged on Monday after the oil and gas engineering firm said it had decided to start talks with US private equity group Apollo on a potential £1.66bn takeover.

LONDON BROKER RATINGS: HSBC lifts housebuilders; Peel cuts Britvic

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

IN BRIEF: John Wood notes possible offer by Apollo for share capital

John Wood Group PLC - Aberdeen, Scotland-based energy sector-focused engineering and consulting business - Notes announcement by Apollo Management Holding LP of a possible offer for the entire share capital of the company at a final price of 240 pence per share in cash. The offer represents a 59% premium to the closing price of 151p, and a 20% premium to the initial proposal submitted to Wood of 200p per share in cash. It follows news that Apollo's last offer of 237p was privately rejected by the board of Wood.

Apollo sweetens bid for Britain's Wood Group with $2.1 bln offer

Wood privately rejected fourth offer - Apollo

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