Wood Group receives further statement re possible offer from Sidara
On 21 May 2024 the Board of Wood received a third unsolicited, preliminary and conditional proposal from Sidara for a cash offer of 220 pence per Wood share. This represents an increase of approx. 3.8% to the previous proposal of 212 pence per Wood share submitted on 14 May 2024. The Board unanimously rejected the Third Proposal.
Martin Mcintyre Partners Holdings Ltd Sidara Company Secretary Dar Al Handasah Consultants Shair Partners Holdings Ltd Third Proposal
Source: energy-pedia.com