Wood Group extends deadline for Sidara's takeover offer to Aug. 9
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 31 2024
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Should l Buy ?
Source: Yahoo Finance
Deadline Extension: The John Wood Group has extended the deadline for Dubai-based Sidara to make a firm offer until August 9, following previous rejections of Sidara's offers due to valuation concerns.
Offer History: Sidara made three offers between May and June, increasing from 205 pence to 230 pence, which it stated would be its final offer, but all were rejected by Wood Group.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
