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

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

Wood Group said on Monday that the deadline by which Dubai’s Sidara must either announce a formal intention to make an offer ...

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

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