Finance

Wood receives $311 million takeover proposal from Sidara

UAE-based investor proposes 35 pence per share offer and a capital injection of $450 million

Wood Group chief executive, Ken Gilmartin.
Wood Group chief executive, Ken Gilmartin.Photo: WOOD GROUP
Middle East and South Asia EditorNew Delhi
Published 14 April 2025, 07:17Updated 14 April 2025, 09:36
WoodSidaraDeloitteUnited KingdomUnited Arab Emirates