Previous Close | 197.40 |
Open | 0.00 |
Bid | 0.00 x 0 |
Ask | 0.00 x 0 |
Day's Range | 0.00 - 0.00 |
52 Week Range | |
Volume | |
Avg. Volume | 3,543,923 |
Market Cap | 1.34B |
Beta (5Y Monthly) | 1.48 |
PE Ratio (TTM) | N/A |
EPS (TTM) | -0.15 |
Earnings Date | Aug 20, 2024 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | Aug 29, 2019 |
1y Target Est | 2.07 |
Last week, Sidara raised its proposed takeover offer for the British oilfield services and engineering firm for the third time, saying that the cash offer of 230 pence apiece was its "final offer". The UK's Takeover Panel has granted Sidara until July 3 to either announce a firm intention to make an offer for Wood or walk away under the "put up or shut up" (PUSU) UK takeover rules, Wood Group said on Wednesday.
The latest proposal for a cash offer of 230 pence apiece would value Wood Group at about 1.59 billion pounds ($2.03 billion), representing a premium of 52% to its closing share price before the first bid was made. Wood, which has already rejected three buyout proposals from Sidara, did not immediately respond to a Reuters request for comment. Wood has not engaged with Sidara since the first approach was made, Sidara said.