John Wood Group's private equity suitor drops £1.7bn takeover plans
John Wood Group’s private equity suitor has ditched plans for a £1.7bn takeover of the oil and gas engineering firm.
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John Wood Group’s private equity suitor has ditched plans for a £1.7bn takeover of the oil and gas engineering firm.
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Wood, the Aberdeen-headquartered energy and engineering services heavyweight currently in the takeover spotlight, has seen first-quarter revenues rise reflecting “good momentum” across all business units.