Engineering giant Wood receives £242m takeover bid
Source: BBC
Ken BanksBBC Scotland, AberdeenWoodThe Wood Group board said it was minded to recommend the offerOne of Scotland's largest companies - engineering giant Wood Group - has received a £242m takeover approach.Aberdeen-headquartered Wood said Sidara, an engineering and consultancy based in Dubai, had made the offer.Wood's board of directors said they would be "minded to recommend" the deal.The company grew from the…
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