Risers and Fallers

FTSE 250 movers: Wood up on bid rebuff; Renishaw slides after downgrade

By Frank Prenesti

Date: Wednesday 08 May 2024

(Sharecast News) - FTSE 250 (MCX) 20,424.70 0.06%

Wood Group surged on Wednesday after saying it had rejected a 205p a share takeover proposal from Dubai-based engineering and consulting company Sidara, valuing it at more than £1.4bn.

Responding to press speculation, Wood Group said the proposal was received on...

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