Wood Group likely will suspend trading in April because of work needed to restate financial results after a review found cultural failings including withholding information from auditors.

Troubled engineering firm John Wood Group has given its Dubai-based suitor Sidara more time to come up with a firm offer.

U.K. oilfield services and engineering firm Wood Group (OTCPK:WDGJF) (OTCPK:WDGJY) will extend a deadline for talks with ...

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Restatements on the way after review finds “inappropriate management pressure” on accounting judgements and information kept ...

Much like last year's back-and-forth, discussions and due diligence are ongoing to find agreement on an acquisition ...

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Wood Group rejected multiple bids from Sidara six months ago, with the latest bid valuing the company at about 1.56 billion ...

The extension would allow time for the results of an independent review of Wood’s projects division by Deloitte, the report ...

Sidara – a privately held network of engineering and design companies run from the United Arab Emirates – now has until April ...

Troubled engineering firm John Wood Group has given its Dubai-based suitor Sidara more time to come up with a firm offer. Aberdeen-headquartered Wood Group said Sidara - a privately held network ...