Finance

Wood Group rejects $1.65 billion buyout offer - potential buyer responds

Dubai-based Sidara made all-cash bid for UK engineering player, triggering stock price surge

Wood Group chief executive Ken Gilmartan.
Wood Group chief executive Ken Gilmartan.Photo: WOOD
Africa CorrespondentLondon
Wood GroupSidaraEuropeWestern EuropeMiddle East
Published 8 May 2024, 12:45Updated 9 May 2024, 13:35