Wood Group extends deadline for Sidara's takeover offer to Aug. 9
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 31 2024
0mins
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.
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.
