By Frank Prenesti
Date: Friday 24 May 2024
(Sharecast News) - FTSE 250 (MCX) 20,633.26 0.01%
Wood Group said it had rejected a third unsolicited £1.52bn takeover proposal from rival Dubai-based engineering and consulting company Sidara, saying it continued to "significantly undervalue" the group and its prospects.
Sidara upped its latest offer by 3.8% to 220p-a-share on May...
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