Aimmaster, the longer the saga goes on the greater the likelihood of competing bids...but i look at possibilities...no certainties. I think highly likely the bid will go through, albeit at bargain basement price for Sid..
Nobody would gain if the rug was pulled. I dont see that happening. We will just need to wait it out, and see what II's do, or any other possible suitor, if any.
Sidara have been all over Wood- due diligence for ages. Their first non binding offer is a market cap of about £230m...WG have an order book of (lets say) £5BN...Sidara clearly dont see losses going forward...neither do I.
Sidara have been all over Wood- due diligence for ages. Their first non binding offer is a market cap of about £230m...WG have an order book of (lets say) £5m...Sidara clearly dont see losses going forward...neither do I.