By Michele Maatouk
Date: Wednesday 08 May 2024
(Sharecast News) - Wood Group surged on Wednesday after saying it had rejected a 205p a share takeover proposal from Dubai-based engineering and consulting company Sidara, valuing it at more than £1.4bn.
Responding to press speculation, Wood Group said the proposal was received on 30 April.
"The board carefully considered...
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