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John Wood Group PLC (WG.L)
| Previous close | 202.40 |
| Open | 0.00 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's range | 0.00 - 0.00 |
| 52-week range | |
| Volume | |
| Avg. volume | 3,562,524 |
| Market cap | 1.402B |
| Beta (5Y monthly) | 1.51 |
| PE ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | 29 Aug 2019 |
| 1y target est | N/A |
- Reuters
UK's Wood Group to discuss with Sidara on possible takeover proposal
Last week, Sidara raised its proposed takeover offer for the British oilfield services and engineering firm for the third time, saying that the cash offer of 230 pence apiece was its "final offer". The UK's Takeover Panel has granted Sidara until July 3 to either announce a firm intention to make an offer for Wood or walk away under the "put up or shut up" (PUSU) UK takeover rules, Wood Group said on Wednesday.
- Reuters SG
Deals of the day-Mergers and acquisitions
** Prolific oil and gas developer Double Eagle is exploring a sale of its latest Permian Basin-based producer in a deal that could be worth more than $6.5 billion, including debt, according to people familiar with the matter. ** The owner of Britain's Royal Mail has agreed to a 3.57 billion pound ($4.55 billion) takeover by Czech billionaire Daniel Kretinsky, in a take-private deal of one of the world's oldest postal firms.
- Reuters
Sidara raises buyout bid for UK's Wood Group for the third time
The latest proposal for a cash offer of 230 pence apiece would value Wood Group at about 1.59 billion pounds ($2.03 billion), representing a premium of 52% to its closing share price before the first bid was made. Wood, which has already rejected three buyout proposals from Sidara, did not immediately respond to a Reuters request for comment. Wood has not engaged with Sidara since the first approach was made, Sidara said.
