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John Wood Group PLC (LSE:WG.), the engineering and consulting company, saw its shares surge 11% to 28.63p on Tuesday after the company confirmed its planned £216 million takeover by Sidara, the Lebanese engineering group, is on track to complete next week.
FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the “Code”) 1. KEY INFORMATION (a) Full name of discloser: Dimensional Fund Advisors Ltd.
John Wood Group PLC (OTCPK:WDGJY) Q2 2025 Earnings Call October 31, 2025 5:00 AM EDT Company Participants Iain Torrens - Interim CFO & Executive Director Conference Call Participants Alexander Paterson - Peel Hunt LLP, Research Division Presentation Operator Good day, and thank you for standing by. Welcome to the Wood Group Half Year Results Call.
Wood Group said on Thursday the UK takeover panel has extended the deadline for a takeover bid by Dubai-based Sidara to August 29.
John Wood Group PLC's (LSE:WG.) board said it is minded to accept the reduced possible offer of 30p per share from Dubai suitor Sidara, which has now completed its due diligence.
Dubai-based Sidara lowered its takeover proposal for Wood Group to 30 pence from its previous bid of 35 pence on Tuesday, following a recent probe launched by Britain's financial regulator into the oilfield services provider.
John Wood Group PLC (LSE:WG.) has agreed to sell its 50% interest in its subsidiary, RWG (Repair & Overhauls) Limited, to Siemens Energy Global for $135 million in cash.
Dubai-based Sidara is considering reducing the price of its takeover bid for Wood Group , as Britain's financial watchdog has launched a probe into the oilfield services provider, the Financial Times reported on Thursday, citing people familiar with the matter.
John Wood Group PLC (LSE:WG.) told investors it has secured a new five-year EPC contract, in Brunei, through its joint venture with Tendrill International.
John Wood Group PLC (LSE:WG.) shares were up over 7% on Wednesday morning, bouncing back from a recent all-time low, before it confirmed that its shares will be suspended tomorrow until it publishes its delayed results.
Wood Group said on Monday that Dubai-based Sidara has made a conditional proposal for the British oilfield services and engineering firm, comprising 35 pence apiece and a possible cash injection of 450 million pounds ($590.6 million).
John Wood Group PLC (LSE:WG.) said its shares are likely to be suspended as it delays its results to make adjustments to prior year accounts after a review identified a number of concerns, including "material weaknesses and failures" in financial culture.
John Wood Group PLC (LSE:WG.) has been allowed to push back the 'put up or shut up' deadline for its Dubai-based suitor, Sidara.
Britain's struggling oilfield services and engineering firm Wood Group has agreed to extend the deadline on talks with Dubai-based Sidara for a possible takeover offer after a failed attempt six months ago, the Financial Times reported on Sunday.
Shares in John Wood Group PLC (LSE:WG.) jumped 30% on Monday after the company confirmed it had received a fresh takeover approach from Dubai-based Sidara.
Britain's Wood Group is back in talks to be acquired by Dubai's Sidara, Financial Times reported on Monday, sending shares of the oilfield services and engineering firm up over 30%.
Investors did not know what way to turn after a curious 24 hours for John Wood Group PLC (LSE:WG.), which parted company with its new chief financial officer with immediate effect after important elements of his CV were found to be untrue.