By Michele Maatouk
Date: Wednesday 22 Feb 2023
LONDON (ShareCast) - (Sharecast News) - Wood Group said on Wednesday that it has rejected three unsolicited, preliminary and conditional takeover proposals from Apollo Global Management.
The most recent approach, on 26 January, was at 230p per share in cash.
"The board carefully considered each of the proposals, together with its financial advisers, and has engaged on a limited basis with Apollo," it said.
"The board unanimously rejected each of the proposals, having concluded that they significantly undervalued the repositioned group's prospects."
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Currency | UK Pounds |
Share Price | 195.80p |
Change Today | 1.80p |
% Change | 0.93 % |
52 Week High | 221.00 |
52 Week Low | 125.70 |
Volume | 4,176,068 |
Shares Issued | 691.84m |
Market Cap | £1,354.62m |
RiskGrade | 236 |
Value |
---|
Price Trend |
---|
Income |
---|
Growth |
---|
Strong Buy | 5 |
Buy | 2 |
Neutral | 4 |
Sell | 0 |
Strong Sell | 0 |
Total | 11 |
Latest | Previous | |
---|---|---|
Interim | Final | |
Ex-Div | 29-Aug-19 | 25-Apr-19 |
Paid | 26-Sep-19 | 16-May-19 |
Amount | 11.40¢ | 23.70¢ |
Time | Volume / Share Price |
16:39 | 524 @ 195.80p |
16:39 | 976 @ 195.80p |
16:35 | 953,273 @ 195.80p |
16:35 | 3,488 @ 195.80p |
16:35 | 863 @ 195.80p |
Chair | Roy Franklin |
CEO | Ken Gilmartin |
CFO | Arvind Balan |
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