140 will be the hard price. Sidara will want this wrapped up. And from there perspective they are saving £500m on something they want to buy last year.
The deal works and expect big announcement very soon
Dar Al-Handasahwant want to take over Wood to have capacity for MENA money about to flood in for massive infrastructure projects across the region. The expectation is that soon the focus will be away from Europe to the MENA region for population growth and where a lot of people will be looking to relocate to for better (sunnier) living. This wood takeover plus the trillions about to be open up to remodel the MENA into developed nations is transformative on par with the marshall plan.
I think alot of shareholders now agree that a knock on the door for 120 a share is very welcome, and it would be best for the BoD to accept and assist with transfer to the next stage.
I think alot of shareholders now agree that a knock on the door for 120 a share is very welcome, and it would be best for the BoD to accept and assist with transfer to the next stage.
RE: Sidara won't want another bidder to arrive!24 Feb 2025 18:19
Sidara know the score, they have already been through the pockets and done due diligence, they will offer 100 and try to fast to win, the BoD will have to listen and big share holders will bend their arm to sell at 120
RE: Sidara won't want another bidder to arrive!24 Feb 2025 17:58
Exactly! Sidara will put in a hard bid of 100 to stop any low orders muddying the waters, and be pushing for the deal to be done asap before the share price moves not rth on contract news