John Wood Group said United Arab Emirates-based Sidara made an offer to buy the U.K. oil services and engineering firm worth ...

The engineering giant could be sold to a Dubai-based firm - but London is noticing the threat from losing control of ...

Beleaguered UK engineering and consulting provider Wood Group has received a fresh non-binding takeover proposal from the ...

The stock had been hammered in the early part of the year after a review by Deloitte found "material weaknesses and failures" ...

British oilfield services and engineering company Wood Group has received a proposal from Dubai's Sidara comprising a takeover bid worth about 242 million pounds ($318.4 million) and up to $450 ...

It comes almost a year after talks around a previous £1.56bn takeover approach from the Dubai-based network of companies ...

Sidara has made a £242mn offer to buy Wood Group less than a year after walking away from a £1.5bn bid for the crisis-hit UK oil services and engineering business.

Wood Group shares soared more than 13 per cent on Monday after the announcement of a £242m takeover bid from the UAE’s Sidara ...

WOOD GROUP has said it is open to a £242m (US$318m) takeover bid from UAE’s Sidara – nearly 85% lower than last year’s offer ...

Wood Group said on Monday that Dubai’s Sidara has made a non-binding conditional takeover proposal valuing the company at 35p ...

One of Scotland's largest companies - engineering giant Wood Group - is backing a £242m takeover approach.