John Wood Group's Response to Sidara's 'Final' Takeover Bid

Thursday, 6 June 2024, 12:07

In the latest developments, John Wood Group is now engaging with Sidara's 'final' takeover offer of 230 pence per share, putting the Scottish oilfield services provider's valuation at approximately £1.6 billion. This move signals potential restructuring in the oil and gas sector with implications on market dynamics and investor sentiment. The decision by John Wood Group to consider the bid could have ripple effects on industry players and the overall market.

https://store.livarava.com/72292631-2462-11ef-a411-9d5fa15a64d8.jpg — John Wood Group's Response to Sidara's 'Final' Takeover Bid

John Wood Group's Response to Sidara's 'Final' Takeover Bid

Sidara submitted a 230 pence per share takeover proposal in late May valuing the Scottish oilfield services provider at around £1.6 billion.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

John Wood Group's Response to Sidara's 'Final' Takeover Bid

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