Wood Group Shares Surge as Sidara Revives Takeover Interest

Engineering consultancy Wood Group has confirmed a fresh takeover approach from Sidara, less than a year after the Dubai-based firm abandoned its previous bid. The Aberdeen-headquartered company saw its shares soar by over 33% following the announcement, as investors reacted positively to the renewed interest. Sidara, which had previously walked away from a £1.56 billion bid in August citing geopolitical risks and market instability, […]

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