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Wood Group to 'engage' with Sidara on takeover proposal

By Michele Maatouk

Date: Thursday 06 Jun 2024

(Sharecast News) - Wood Group said late on Wednesday that it had decided to "engage" with Sidara after the Dubai-based engineering and consulting firm made an improved and final takeover proposal last week at 230p a share.

"The board remains confident in Wood's strategic direction and its fundamental prospects," it...

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