Wood's prospective buyer lowers takeover offer

UK contractor's board said it would be “minded to recommend” Sidara's revised offer to shareholders

Wood chief executive Ken Gilmartin.
Wood chief executive Ken Gilmartin.Photo: WOOD
Published 26 August 2025, 09:18Updated 26 August 2025, 09:22
Wood GroupSidaraUnited KingdomUnited Arab EmiratesEurope