Wood rejects latest $1.6 billion all-cash offer — stock surges by 30%

US investor Apollo Global Management has had three offers refused by London-listed contractor

Three times no: Roy Franklin chairs the board of UK-based contractor Wood Plc. — Three times no: Roy Franklin chairs the board of UK-based contractor Wood Plc.Photo: WOOD PLC

Iain Esau

London

Wood Apollo Global Management Roy Franklin Americas North America

Published 23 February 2023, 12:40Updated 23 February 2023, 12:58