- Wood group news today Looking ahead, Wood Group said it had May 16, 2024 · Aberdeen-based Wood Group has rejected a second takeover bid from Dubai rival Sidara. Despite reporting a significant net loss and undertaking substantial write John Wood Group PLC ("Wood" or the "Group") The Board of Wood notes recent speculation and confirms that it received an unsolicited, preliminary and conditional proposal from Dar Al-Handasah Consultants Shair and Partners Holdings Ltd ("Sidara"), regarding a possible cash offer to acquire the entire issued and to be issued ordinary share capital of Wood (the "Proposal"). Recent News & Updates. Reports . ) share price, news, company analysis, and price history from our financial experts. 1 Aug 5, 2024 · A takeover bid for engineering giant Wood - one of Scotland's largest companies - has collapsed. Monday, 3 March, 2025. L) stock quote, history, news and other vital information to help you with your stock trading and investing. 39 %) 04 Mar 2025, 15:34. Shares in the London-listed oil and gas engineering business climbed higher on Tuesday morning as a result. The shares clawed back John Wood Group PLC (‘Wood’ or ‘the Group’) announces a trading update for the quarter ended 31 March 2024 (‘Q1’). Wood Group (John) PLC: Index: FTSE 250: ISIN: GB00B5N0P849: Epic: WG. Mar 4, 2025 · Shares journalists news and views on today's breaking stories. Discover. The group is now in the middle of a three-year turnaround strategy 5 days ago · News Sentiment John Wood Group has a news sentiment score of 0. Regulatory News Articles for Wood Group (john) Plc Ord 4 2/7p Nov 7, 2024 · Shares in John Wood Group plunged to their lowest point in more than 20 years after a weak performance in its projects business prompted the Scottish energy-services provider to launch a review. Jul 4, 2024 · News. Feb 14, 2025 · Shares in Wood Group were tanking on Friday morning, after it flagged weaker-than-expected fourth-quarter trading in an update, and warned of negative free cash flow in Feb 24, 2025 · (Sharecast News) - Wood Group said it had appointed Iain Torrens as interim chief financial officer, replacing Arvind Balan who resigned last week after inaccurate claims about John Wood Group PLC (‘Wood’ or ‘the Group’) announces a trading update for the quarter ended 30 September 2024 (‘Q3’). Jan 2, 2025 · Wood has struggled to cut its borrowing levels since its £2. -based Apollo Global Management abandoned a 240 pence per share bid for Wood after multiple offers were rejected. October 8, 2024 | marketbeat. John Wood Group PLC (‘Wood’ or ‘the Group’) announces a trading update for the financial year ended 31 December 2021 (‘FY21’), including the headline unaudited financial results, alongside the proposed sale of its Built Environment business. Apr 17, 2023 · Oil and gas engineering firm John Wood Group has seen its shares jump higher after revealing it has decided to “engage” with its US private equity suitor to firm up an offer after a £1. 84p, valuing the company at just £342 million. One of Scotland's biggest corporate success stories is now being sized up for takeover. 3 days ago · Wood Group (John) : The latest share price Today's Low & High; 37. Its fifth and final conditional 2 days ago · Latest John Wood Group PLC (WG. UK shares to buy for May: how I’d invest £2,000 today. 25p, with the company valued at £350. 5 (EPT/RI)-Wood Group (John) plc Amend: 10/3/2025: 15:20: UK RNS: BlackRock Group Form 8. 26 (-5. 31%; Real Estate Investment Trusts (43) Latest news. Offshore workers set for ‘biggest stoppage in a generation’ as 1,300 walk out. The London-listed company will outline plans for new cost savings, including job cuts, at its full-year results next week, Sky News understands. Wood Group taps Rothschild for John Wood Group PLC (‘Wood’ or ‘the Group’) is today holding a capital markets day to outline its refreshed strategy, including new medium-term targets. 67. L. 03 billion), representing a premium of 52% to its closing share price before the Mar 20, 2024 · Oil engineer Wood Group to cut hundreds of jobs. Shares - Stock Quote, Charts, Trade History, Share Chat, Financial Terms Glossary. uk. Aug 20, 2024 · Wood Group reveals widened losses and costs of abandoned takeover The firm reported pre-tax losses of 961. 5 (EPT/NON-RI)-Wood Group (John) plc Amend: 10/3/2025: 16:51: UK RNS: JPMorgan Securities Plc Form 8. Nov 7, 2024 · (Alliance News) - John Wood Group PLC shares tumbled on Thursday as the firm said it has turned to Deloitte to perform an independent review after exceptional contract write-offs. Feb 17, 2015 · Wood Group (john) Plc Ord 4 2/7p is listed on the London Stock Exchange trading with ticker code WG. Rival Petrofac Ltd (LSE:PFC) has already fallen 66% in 2024 compared with the FTSE 250 index which is up 5%. Find the latest John Wood Group PLC (WG. Key highlights. Nov 7, 2024 · Wood has announced a shock review of its books following write-offs of large scale contracts prompting another share price collapse for the beleaguered energy services group. ). Prior to last week’s news, Wood’s shares had fallen rapidly over the last year, declining by around 25 per cent. 14 November 2022 14 Nov 2022. Med. 5% Jul 7, 2022 · John Wood Group PLC (‘Wood’ or ‘the Group’) announces a trading update for the six months ended 30 June 2022 (‘HY22’), including the headline draft financial results. 7 Aug 20, 2024 · The news sent shares in Wood Group tumbling by 32 per cent per cent to 130p, where they have roughly stayed since. But on May 9, it reported a 6% drop in first-quarter revenue compared to the same 2023 period Feb 23, 2023 · Engineering giant Wood opens door to takeover bid The company says it will open its books for scrutiny by a US firm, after rejecting earlier offers. 30 pence at 1449 GMT. A comprehensive daily news service of over 300 market and company stories from Alliance News and the RNS. Aug 20 (Reuters) - British oilfield services and engineering firm Wood Group , opens new tab posted an 8. John Wood Group plc Aug 22, 2023 · Wood Group has upgraded its revenue and profit guidance for the year after it was boosted by new contracts. co. The Aberdeen-based company, which employs 35,000 people globally, announced a &poun 1 day ago · Find the latest John Wood Group PLC (WG. 4p per share on May 9, 2024 · Wood Group has today published an upbeat trading update for the quarter ended 31 March 2024, hours after it emerged the company had rejected a bid from Dubai-based rival, Sidara. Scotland business. ME Group spins up Morrisons contract Aug 5, 2024 · Wood Group stock price crashes almost 40% after Sidara drops potential $2 billion bid we have been the go-to source for independent news and analysis of the major oil and gas projects shaping May 15, 2024 · Wood Group has rejected a second takeover offer from its Dubai-based rival Sidara, today’s second rejection was interpreted badly by the market, with the firm’s stock price crashing six per cent in a matter of minutes. 15 May, 2024 15:45 15 May, 2024 20:09. Ken Gilmartin, CEO, said: “Today is an important moment for Wood as Nov 7, 2024 · One of the North Sea’s largest energy companies was plunged into crisis on Thursday after a shock accounting investigation by audit giant Deloitte triggered a 60pc fall in its share price. 49m shares in issue. 3pc, or 25. Nov 8, 2024 · Shares in John Wood Group crumbled by a staggering 60% in the space of a day when the markets closed yesterday after the energy services giant revealed a review into a series of writedowns worth millions of dollars. News Coverage This Week Nov 7, 2024 · Engineering firm Wood Group has seen its shares plummet to a more than 20-year low after launching a review of the business following recent write-downs on projects. ) share price. Free real-time prices, and the most active stock market forums in the UK. S. MORE ABOUT Wood Group Mar 2, 2025 · Canaccord Genuity Group restated a "buy" rating and set a GBX 250 ($3. 3 - Wood Group (John) plc: 2 days ago · Get John Wood Group PLC (WG. John Wood Group said on Monday it has decided to engage with Apollo Management for a firm offer from the Jul 13, 2023 · Good trading in the first half, full year outlook confirmed. Live WG. Ken Gilmartin, CEO, said: “We are now in the second year of our growth strategy and are making good progress, with EBITDA growth, margin expansion and an order book 9% higher than a year ago. 1B Proposal, UK's Engineering Giant Wood Group Rejects Takeover Approach, Wood Group Must Buy Back Shares to Wood Group News Wood Group to Engage with Apollo on $2. 7bn takeover approach for Wood from buyout group Apollo. Market & Company News. 4bn (£4. 06m, with approximately 687. Good trading in the first half of the year across all business units Aug 20, 2024 · The boss of UK engineer John Wood Group has insisted the company can deliver growth and boost the share price after it plunged this month following the collapse of a second takeover bid in just Apr 17, 2023 · Engineering giant John Wood Group said it would open its books for scrutiny by Apollo Global Management after rejecting several previous approaches from the fund. Equities screener. . The latest news from the Sharecast news service about this stock. Wood’s shares have fallen around a third since Apollo walked away from a 240p-a-share John Wood Group PLC (‘Wood’) today announces that agreements have been reached with the Serious Fraud Office (‘SFO’) in the UK, the Department of Justice (‘DOJ’) and Securities and Exchange Commission (‘SEC’) in the US, and the Ministério Público Federal (‘MPF’), the Comptroller General’s Office (‘CGU’) and the The latest news, analysis and opinion from around the world. The Scottish engineering group saw its shares slump as much as Nov 7, 2024 · Wood Group said: “ This review will focus on reported positions on contracts in Projects, accounting, governance and controls, including whether any prior year restatement may be required. Shares of John Wood Group (LON:WG) held steady on Tuesday following the company’s release of its first-half results. Business News. The engineering firm, which employs 35,000 people, saw the freefall when it announced an “urgent Nov 7, 2024 · John Wood Group Plc tumbled the most on record in London trading after announcing a review to address poor performance in its projects division. 75p, or 60%, lower at at 49. 7 million US dollars (£740. View recent trades and share price information for Wood Group (John) Plc and other shares. com John Wood Group (LON:WG) Stock Passes Below 200-Day Moving Average - Should You Sell? Jun 9, 2024 · In January, Wood Group reported about $6 billion in 2023 revenue, up 9% across all business units. Commenting on the group’s latest results, chief executive Ken Gilmartin, said Nov 7, 2024 · (Alliance News) - John Wood Group PLC shares tumbled on Thursday as the firm said it has turned to Deloitte to perform an independent review after exceptional contract write-offs. The review will also look to determine Nov 7, 2024 · Aberdeen company Wood saw a dramatic collapse in its share price – dropping by more than 60%. Wood Group (john) News. 40 / 38. This represents a small proportion of the group’s roughly 35,000-strong global workforce. P. Dubai-based engineering and consulting firm Sidara has submitted a fourth and “final” takeover proposal to Aberdeen-based rival John Wood Group. 27) target price on shares of John Wood Group in a research note on Tuesday. For the first half of 2024, Wood Group reported a net loss of $983 million, Aug 20, 2024 · Facing pressure from an activist investor to either sell or rethink its UK listing to maximize shareholder returns, Wood Group had undertaken initiatives such as improving costs and pricing, and sharpened focus on its sustainable business related to decarbonisation and net-zero strategies. Sep 4, 2023 · Aberdeen's Wood Group has won a $330million (£262 million) contract with the biggest producer of oil and gas in the UK’s North Sea waters, it said on Monday. Mar 21, 2024 · Oil engineering and consulting company Wood Group plans to cut hundreds of jobs, an insider told Sky News. 83% at 51. Start your journey here Discover the world’s international exchange. Nov 7, 2024 · Wood Group (J) Regulatory News. See terms. Jul 3, 2024 · Dubai-based engineering and consulting firm Sidara has sought the extension of a deadline to make a firm offer for UK's John Wood Group to July 31, after being rejected thrice earlier. FY21 results in line with our expectations for revenue and adjusted Apr 16, 2024 · The call comes a year after the collapse of a £1. John Wood Group PLC (‘Wood’ or ‘the Group’) announces a trading update for the half year ended 30 June 2023 (‘HY23’), and quarter ended 30 June 2023 (‘Q2’), including the headline draft financial results. Despite reporting a significant net loss and undertaking substantial write-offs, Wood Group reaffirmed its guidance for the year and provided a clear outlook for 2025. 1bn) by the end of September, down eight per cent compared to last year. Attribution. Type: Equity: Currency: GBX: Record Status: Active: Trading Segment: STMM John Wood Group PLC ("Wood") On 29 May 2024, Dar Al-Handasah Consultants Shair and Partners Holdings Ltd ("Sidara") announced that it had submitted a fourth proposal to the Board of Wood (the "Board") to acquire the entire issued and to be issued ordinary share capital of Wood at a final price of 230p 1 per share in cash (the "Final Proposal"). ” In a trading update, the London-listed engineering giant also announced plans to extend a wide-reaching cost-cutting programme and said it now expects negative free cash flow in 2025. $8. Regulatory News Articles for Wood Group (john) Plc Ord 4 2/7p Jan 2, 2025 · Wood Group (John Wood Group) (LON: WG. :LSE) share price with interactive charts, historical prices, comparative analysis, Today. The positive news gave some respite to the embattled company, which has seen its shares drop by 58% Wood Group shares nosedived 55 per cent today after the engineering firm unveiled a Deloitte-led review of its operations, sparking investor concern. 18 Feb 17 2025 213. 92p-2. The engineering and consulting business said it had entered into a five-year contract with Harbour Energy, a deal it says will support hundreds of jobs in Aberdeen and elsewhere. Mar 4, 2025 · Oil services and engineering company holds debt discussions in parallel to exploring takeover by Dubai-based Sidara Aug 20, 2024 · John Wood Group Plc (LON:WG) reports its HY24 results, highlighting a stronger business quality, improved EBITDA, and a substantial order book increase. Nov 29, 2022 · Shares in Wood Group plunged sharply this morning as the engineering and consultancy group warned investors it would not return to positive free cashflow next year. John Wood Group PLC ('Wood' or 'the Company') today announces that it has completed the sale of its stake in Ethos Energy Group Limited ('EthosEnergy'), a joint venture focused on rotating equipment. 1B Proposal. Company page - Search stock, chart, recent trades, company information, trading information, company news, fundamentals. It warned that the review, led by Deloitte, would assess whether “any prior year restatement may be required May 15, 2024 · Wood Group tumbled on Wednesday after saying it had rejected a second, Michele Maatouk Sharecast News . Wood has completed the sale to One Equity Partners for a final net cash consideration of $138 million, with $42 million of prior planned loan notes replaced by an Feb 14, 2025 · Wood Group said it is initiating steps to “significantly” strengthen its financial culture, governance and controls after a review identified “material weaknesses and failures. 6% to more than a one-year high of 185. 5 per Nov 8, 2024 · With investors still taking in the impact of the US election and UK Budget, as well as transatlantic interest rate cuts and a host of corporate updates, the FTSE 100 closed down 0. 20 Feb 23, 2023 · Find the latest Wood Group news and updates from the BBC. Wood Group (J) Share Chat. Get NewsNow Essentials at £1 a month: your favourite news platform, faster, slicker and ads free. Oil and gas engineer Wood Group lifts outlook after new contracts. Wood suitor given final bid deadline extension 'Put up or shut up' date extended until the end of this month. Bookmark. 27million Mar 7, 2025 · Shares journalists news and views on today's breaking stories. 5% jump in its first-half adjusted core earnings on Tuesday aided by improved pricing Nov 7, 2024 · Engineering firm Wood Group has seen its shares plummet to a more than 20-year low after launching a review of the business following recent write-downs on projects. It comes months after lengthy and unsuccessful takeover attempts by US private equity firm Apollo. Ken Gilmartin, CEO, said: “We continue to make progress on our Nov 7, 2024 · The oilfield and engineering services firm said it has turned to Deloitte to perform an independent review after exceptional contract write-offs. The results come days after Dubai-based Sidara walked away from an offer Feb 17, 2025 · The latest international John Wood Group PLC news and views from Reuters - one of the world's largest news agencies British oilfield services and engineering firm Wood Group posted an 8. Nov 7, 2024 · Wood Group maintained its full-year forecast, expecting high single-digit adjusted EBITDA growth, supported by anticipated improvements in the fourth quarter. Aug 20, 2024 · John Wood Group PLC: * WOOD PLC: RECONFIRM OUTLOOK, BOTH FOR 2024 AND 2025, INCLUDING GENERATING SIGNIFICANT FREE CASH FLOW IN 2025 Source text for Eikon: Further company coverage: May 22, 2008 · Wood Group (john) share price and WG. The latest offer comes at a price of 212 pence per share, representing an increase of approximately 3% to the initial proposal on 8 May, writes Insider. L) real-time stock quotes, news, price and financial information from Reuters to inform your trading and investments Today's Range----52 Week Range 21. Aug 20, 2024 · Shares of John Wood Group (LON:WG) held steady on Tuesday following the company’s release of its first-half results. John Wood Group PLC (‘Wood’ or ‘the Group’) announces a trading update for the quarter ended 30 September 2023 (‘Q3’). ("Apollo"), regarding a possible cash offer to acquire the entire issued and to be issued ordinary share capital of Wood. 1 million) against losses of 26 million US dollars (£20 Nov 7, 2024 · Wood Group has seen its shares plummet to a more than 20-year low after launching a review of the business, following recent write-downs on projects. 21. Key points. Low. Discover . 72 billion deal to takeover Amec Foster Wheeler is closer to completion following approval from the Mexican antitrust commission today (15 September). The company has sold its stake to private equity firm One Equity Partners for a net cash consideration of $138 million. 6%, to 189. The engineering firm, which employs 35,000 people, saw the freefall when it announced an “urgent” Aug 20, 2024 · Engineering firm John Wood Group has revealed it slumped to a near one billion US dollar (£770 million) half-year loss just weeks after a Dubai suitor walked away from a £1. Watson. 20 Jul 26 2024. They were up 12. Peter A Walker Content Editor. Date Time Source Headline; 12/3/2025: 16:54: UK RNS: Our system’s recommendation today is to STAY SHORT. In May, Apollo abandoned attempts to buy Wood This announcement contains inside information. Wood Group shares plummet by over a third on free cash flow warning as oilfield services boss vows cost cuts This is Money 12:30 Fri, 14 Feb Nov 7, 2024 · (Alliance News) - John Wood Group PLC shares tumbled on Thursday as the firm said it has turned to Deloitte to perform an independent review after exceptional contract write-offs. Apr 17, 2023 . Awards. Aug 28, 2024 · UK engineering company John Wood Group has sold two businesses for $165mn as it seeks to persuade investors of its future as a standalone company, following two collapsed takeover bids in just Nov 7, 2024 · Aberdeen company Wood saw a dramatic collapse in its share price – dropping by more than 60%. In a Stock Exchange statement , Wood's management expressed confidence in its strategic direction. However, today’s second rejection was interpreted badly by the market, with the Nov 7, 2024 · Shares in the FTSE 250 company plummeted 60% or more in UK trading having come into this latest news down around 14% year-to-date. Wood plc news home page. News. The oilfield and engineering services firm said the probe will be focused on "reported positions on contracts in projects, accounting, governance and controls". Top sectors today; Mobile Telecommunications (4) +4. 18 213. 59 billion pounds ($2. A cost-cutting programme is on target The latest news, analysis and opinion from around the world. Shares in Wood closed 74. In a statement today, the Jul 13, 2023 · Wood Group has posted robust revenues and gross profits, as it bids to win back the approval of shareholders. L) stock news and headlines to help you in your trading and investing decisions. ) stock price, latest news & stock analysis. ) shares plunged in Thursday’s early deals as the offshore engineer launched an independent review of its business, to be conducted by (Sharecast News) - Shares in Wood Group were tanking on Friday morning, after it flagged weaker-than-expected fourth-quarter trading in an update, and warned of negative free cash flow in Mar 1, 2025 · Wood Group declined to respond to questions about its recent performance. Operations are divided into four segments: The Projects segment is focused on providing front-end engineering services, procurement, and project management. The news of the Deloitte review came as Wood reported a “mixed” performance for John Wood Group PLC ("Wood" or the "Group") The Board of Wood notes the recent speculation and confirms that it has received three unsolicited, preliminary and conditional proposals from Apollo Global Management, Inc. 52 average news sentiment score of Energy companies. 94 Aug 20, 2024 · Shares of John Wood Group (LON:WG) held steady on Tuesday following the company’s release of its first-half results. Short selling activity. Posted. businessInsider. Image from Wood Group May 15, 2023 · The news comes just days after British consumer group The Hut Group (THG) , opens new tab ended takeover discussions with Apollo after concluding that a preliminary bid by the fund was based on Nov 8, 2024 · Aberdeen-based Wood Group, which employs 35,000 people in 60 countries, saw a record fall in shares after a string of write-offs on several large contracts prompted it to launch an urgent review of other contracts on its books. 97 Wood, the global consulting and engineering company, will extend its two-decade long relationship with international energy company Equinor following the award of a three-year contract extension to support the company’s assets on the Norwegian Continental Shelf. RNS. The latest Wood Group (John) Plc share price (WG. 68 billion, or 240p per share, which it also rejected. Shares closed down 60% May 15, 2023 · Aberdeen-based Wood's shares were down by 34%, at just over 144 pence, at 15:00. The source said that around 200 jobs are at risk as part of new money-saving measures as the company prepares Get the latest John Wood Group PLC (WG) real-time quote, historical performance, charts, and other financial information to help you make more informed trading and investment decisions. Its share price has rebounded slightly today (Friday) and was up 2. 2 billion acquisition of London-based Amec Foster Wheeler in 2017. Aug 5, 2024 · British engineer John Wood Group suffered a near 40 per cent fall in its share price on Monday after Dubai’s Sidara said it was walking away from its plan to buy the company. Morgan SE Form 8. Nov 7, 2024 · Wood Group shares were in freefall on Thursday as the oil services firm announced the launch of an independent review of its business that could lead to restatements and said third-quarter trading Nov 11, 2024 · Wood Group shares hold steady despite large write-off. 5 (EPT/RI)-Wood Group (John) plc Amend: 10/3/2025: 16:50: UK RNS: JPMorgan Securities Plc Form 8. The review, launched in response to recent large-scale project write Aug 21, 2024 · Wood Group has announced an operating loss of $899m, largely attributed to pre-tax exceptional items of $966 in the first half of the year. Chief executive Ken Gilmartin in February claimed he had laid out “a very clear route to positive free Nov 7, 2024 · (Alliance News) - John Wood Group PLC shares tumbled on Thursday as the firm said it has turned to Deloitte to perform an independent review after exceptional contract write-offs. Wood said that it would Aug 20, 2024 · Aberdeen's Wood Group (LON:WG) has revealed the hill it must climb as to turn around the business as it revealed total half year losses reaching nearly Wood Group reveals $983 million half year loss May 15, 2024 · Shares of London-listed Wood Group fell 5. It has a market capitalisation of £266. Ken Gilmartin,CEO,said: “We have delivered another quarter of strong growth in revenue and EBITDA as we continue to execute against the growth strategy we set out a year ago. The Board remains 5 days ago · J. Find everything from its Valuation, Future Growth, Past Performance and more. Sidara, an engineering and consultancy firm based in Dubai, had made a fresh offer to the Aberdeen Aug 5, 2024 · (Alliance News) - John Wood Group PLC on Monday said its remains confident in its "strategic direction and fundamental prospects", after a potential bidder for the oil field services firm withdrew. Positive operational momentum: Strong order book growth, up 18% YoY and 5% YTD to c. to one of our news updates Latest updates; Investor news; Podcast Related Key Business News. UK Stock Market News: ME Group, Wood Group, Judges. The sale, to One Equity Partners, was for a final net cash consideration of $138m, with $42m of prior planned loan notes replaced by an additional cash consideration at completion. Find companies based on country, sector, and to become a premium, differentiated, higher margin business with a relevant and enduring market position consistent with rapid evolution to a healthier planet, established from a secure and affordable energy transition Mar 26, 2024 · Sky News reported last week that about 200 roles could be cut. May 29, 2024 · Under UK takeover rules, Sidara has until 5 June to either make a firm offer for Wood or walk away. 08:46, 4 JUL 2024; Bookmark. stock charts. Issuers and instruments; Primary markets Sep 20, 2024 · Wood Group’s proposed US$2. 16 % decrease; red down pointing triangle plunged to their lowest point in more than 20 years after a weak performance in its projects business prompted the Scottish Nov 7, 2024 · Wood Group’s order book declined to $5. Nov 7, 2024 · Wood Group was also the subject of a buyout approach by private equity firm Apollo last year, worth £1. 2 days ago · John Wood Group PLC is an energy services company that provides a range of engineering, production, and technical solutions across energy and materials industries. This is a higher news sentiment than the 0. 4 days ago · Wood Group (J) Regulatory News. Wood, which provides consultation, management of assets and engineering services for the energy and Dec 16, 2015 · The deal, secured by Wood Group Mustang Norway, is to provide maintenance and modification services to four Statoil installations in the Norwegian Continental Shelf May 23, 2024 · Energy services firm Wood Group has rejected a third bid from Dubai-based suitor Sidara today on the grounds it “significantly “undervalues the firm. 27-Feb-25 16:45. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). May 8, 2024 · Live news: Wood Group rejects takeover bid from Sidara on whatsapp (opens in a new window) Edited by Alexandra White , Peter Wells , Zehra Munir , Emily Herbert , Oliver Ralph , Jonathan Wheatley Apr 17, 2023 · Wood Group. Shares closed down 60% Dec 5, 2024 · Trio of agreements signed with BP; Based on decades-long partnership; Potential for four year extension; Global oil and gas engineering firm Wood Group ( jumped 10% to 70. Aug 28, 2024 · Wood Group has sold two businesses for a total of $165m. Feb 25, 2025 · Wood Group said it had received an approach from Dubai-based engineering firm Sidara just 10 months after a takeover bid from the same suitor fell through Jan 6, 2025 · John Wood Group has completed the sale of its stake in Ethos Energy Group, a joint venture focused on rotating equipment. High. Share; Comments; News. ) 41. 4 days ago · Research John Wood Group's (LSE:WG. Wood, the global consulting and engineering company, has secured a three-year contract with Norwegian state-owned operator Gassco to support the safe and secure transportation of gas from the Norwegian Continental Shelf to terminals across the UK and Europe. to one of our news updates Latest updates; Investor news; Podcast Related Key WOOD GROUP (JOHN) PLC WG. 56 billion proposed Nov 7, 2024 · John Wood Group PLC (LSE:WG. In-depth analysis, industry insights and expert opinion Wood Group Add to myFT. Find the most recent trades and share price information for Wood Group (John) (WG. Last year, U. 3 days ago · Get the latest John Wood Group PLC (LON:WG) stock price quote with financials, statistics, dividends, charts and more. Wood Group’s expertise stretches from oil and gas pipeline design to wind turbine and tidal energy projects. 17 Apr 2023 Nov 7, 2024 · Wood Group shares nosedived 55 per cent today after the engineering firm unveiled a Deloitte-led review of its operations, sparking investor concern. May 29, 2024 · The latest proposal for a cash offer of 230 pence apiece would value Wood Group at about 1. 1 billion at 31 May 2022 5 days ago · Check the latest Wood Group (John) (WG. Read more Wood Group shares plunge as Deloitte review finds ‘material May 8, 2024 · A Bloomberg report on Sidara weighing a bid had sent shares of FTSE 250-listed , opens new tab Wood up as much as 26% earlier in the day. Earlier this month, the Scottish engineering consultancy's board said it unanimously rejected an unsolicited, Jul 31, 2024 · UK's John Wood Group on Wednesday extended the deadline by which Dubai-based engineering and consulting firm Sidara would need to make a firm offer for the company to not later than August 9. See the most recent John Wood Group PLC (LSE:WG. Feedback Sign in Home Hot Topics US Politics World Sports Business Crypto Wood Group faces relegation from FTSE 250 London South East 17:10 Tue, 25 Feb Companies roundup: Unilever, Stay informed with the latest financial and regulatory news, providing home for all financial and compliance updates. It announced on Wednesday that the new proposal valued FTSE 250-listed Wood at 230p per share, a 4. Wood Group to pay $115m to settle legacy lawsuit. By. finalised our views on our exit from lump sum turnkey and large-scale EPC work and have reflected this in our results today, though crucially this has not changed our cash guidance May 9, 2024 · A Bloomberg report on Sidara weighing a bid had sent shares of FTSE 250-listed Wood up as much as 26% earlier in the day. Highlights. 3 per cent at 136. Today's news; Regulatory news (RNS) Reports. An update will be provided as appropriate following its conclusion. Mar 26, 2024 · (Alliance News) - John Wood Group PLC on Tuesday announced improved annual earnings, lifted its outlook and announced a "simplification programme" to trim costs. ) has seen its shares rise over 2% Thursday after it finalised the sale of its 51% stake in EthosEnergy. Following today’s results, shares are down 1. A resource for staying ahead on all things Wood plc Nov 8, 2024 · Shares in Aberdeen-based energy firm Wood Group have plummeted by over 50% on Thursday after it reported a significant loss in its third quarter results and that it would commission an independent review by Deloitte. The previous SHORT signal was issued on 05/03/2025, 2 days ago, when the stock View the latest John Wood Group PLC (WG) stock price, news, historical charts, analyst ratings and financial information from WSJ. Nov 13, 2024 · Get the latest John Wood Group PLC (WG. Wood has opened the door to a New York-based suitor. Wood Group. Feb 20, 2025 · The latest news, analysis and opinion on Wood Group. Chat About WG. View the performance of global markets and browse news items by region. Exceptional costs included $6m related to Sidara's failed takeover proposal, Continued growth in Q3, full year outlook confirmed. Engineer Wood Group has sold two businesses for a total of $165m (£125m) after it revealed it slid into the red in the first half of the year. Nov 8, 2024 · Apollo, the US private equity firm, also withdrew after making similar approaches to the group. A short trading update is also provided. News of the Apollo bid pushed the price Following the decision to reject the first bid, Wood’s stock price shot up, rising 29 per cent during the week. You're on our free tier. Back; Wood Group (John) PLC (WG. 98; Stocks turn lower, Chemring and Wood Group surge Sharecast News: 24 Feb Oct 9, 2017 · Wood Group to Engage with Apollo on $2. 2p after signing a trio of global engineering and project delivery agreements with BP (. The review, launched in response to recent Shares in John Wood Group WG-0. jlvrf qvij grrx dvimomh fxlh bkzlzxp ggyzlc bvvb msifdy ipdlhdj rjgj nyxnad eehvcn mhavg pgtbt