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Wood


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London's FTSE 100 falls after U.S. recession fears spark global rout

REFILE-UPDATE 1-London's FTSE 100 falls after U.S. recession fears spark global rout Refiling to restore dropped number "100" in headline FTSE 100 down 2.0% , FTSE 250 off 2.8% Utilities sector leads losses John Wood Group plummets after Sidara walks away from buyout By Purvi Agarwal, Roshan Abraham Aug 5 (Reuters) - The UK's main stock indexes kicked off the week on a downbeat note, led by losses in utilities as fears of U.S.
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Adds: Thoughtworks, Tenet Healthcare, Mallinckrodt, Quantum Capital Group, Credit Agricole Updates: L'Oreal Aug 5 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Monday: ** Thoughtworks TWKS.O agreed to be taken private by Apax Partners in a deal worth about $1.75 billion, the technology consultancy firm said, nearly three years after its stock market debut.
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Aug 5 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Monday: ** Dubai's Sidara said it was walking away from its plan to buy UK's John Wood Group WG.L , citing rising geopolitical risks and uncertainty in the financial market, prompting the British engineering group's shares to plunge 40%.
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John Wood Group Says It Remains Confident In Strategic Direction, Fundamental Prospects

BRIEF-John Wood Group Says It Remains Confident In Strategic Direction, Fundamental Prospects Aug 5 (Reuters) - John Wood Group PLC WG.L : WOOD GROUP (JOHN)PLC - RESPONSE TO SIDARA’S NO INTENTION TO BID STATEMENT JOHN WOOD GROUP PLC - CONFIRMS OUTLOOK FOR 2024 AND 2025 WOOD PLC: BOARD REMAINS CONFIDENT IN WOOD'S STRATEGIC DIRECTION AND FUNDAMENTAL PROSPECTS WOOD PLC - GRANTED SIDARA ACCESS TO DUE DILIGENCE MATERIALS.
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London's FTSE 100 drops as U.S. recession fears spark global sell-off

London's FTSE 100 drops as U.S. recession fears spark global sell-off For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window FTSE 100 down 1.9% , FTSE 250 off 3% Benchmark index set for worst day since March 2023 amid broader declines John Wood Group plummets after Sidara walks away from buyout Aug 5 (Reuters) - London's FTSE 100 plunged over 1.5% on Monday to hit their lowest in over three months, as recession fears in the United States trigge
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UK's John Wood Group hits over a 1-1/2-year low after Sidara abandons acquisition plan

BUZZ-UK's John Wood Group hits over a 1-1/2-year low after Sidara abandons acquisition plan ** Shares of British oilfield services and engineering firm John Wood Group WG.L down 37% at 124.3p; top loser on the FTSE mid cap index .FTMC ** Stock at its lowest level since Dec 2022 ** Dubai-based engineering and consulting firm Sidara says it does not
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Sidara drops plans to buy UK's Wood Group citing geopolitical risks

UPDATE 2-Sidara drops plans to buy UK's Wood Group citing geopolitical risks Sidara walks away after fourth approach Final proposal values Wood about 1.56 bln pounds Shares dive to 118 pence per share Adds background, Wood Group's response By Shanima A Aug 5 (Reuters) - Dubai's Sidara said on Monday it was walking away from its plan to buy UK's John Wood Group WG.L , citing rising geopolitical risks and uncertainty in the financial market, prompting the British engineering group's shares to plun
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Sidara drops plans to buy UK's Wood Group after four rejections

Sidara drops plans to buy UK's Wood Group after four rejections Aug 5 (Reuters) - Sidara will not make a new offer for John Wood Group WG.L after being rejected on four occasions due to valuation concerns, the Dubai-based engineering and consulting firm said on Monday. Reporting by Prerna Bedi in Bengaluru; Editing by Varun H K
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Adds FEMSA, R1 RCM, Trafigura, Royal Mail, RedBird IMI, Talen Energy, Hewlett Packard Enterprise Aug 1 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Thursday: ** Mexico's FEMSA FEMSAUBD.MX said it has entered into definitive agreements to acquire the retail operations of Delek US Holdings DK.N for $385 million.
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Aug 1 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Thursday: ** Cellnex CLNX.MC , Europe's largest mobile phone tower operator, said it was in advanced negotiations to sell its Austrian unit after receiving binding offers, triggering a rise in shares. nL8N3JO0IM ** Ayala Corp AC.PS , the Philippines' oldest conglomerate, is exploring selling a minority stake in Ayala Healthcare Holdings (AC Health) in a
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UK Stocks-Factors to watch on August 1

UK Stocks-Factors to watch on August 1 Aug 1 - Britain's FTSE 100 .FTSE index is seen opening higher on Thursday, with futures FFIc1 up 0.3%. * INTEREST RATES: The Bank of England looks in a position to cut interest rates on Thursday after holding them at a 16-year high of 5.25% for the past year, though markets and economists are far from certain the British central bank will take the plunge.
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Wood Group extends deadline for Sidara's takeover offer to Aug. 9

UPDATE 1-Wood Group extends deadline for Sidara's takeover offer to Aug. 9 Adds background in paragraphs 2 to 4 July 31 (Reuters) - UK's John Wood Group WG.L on Wednesday extended the deadline by which Dubai-based engineering and consulting firm Sidara would need to make a firm offer for the company to not later than August 9. Sidara had previously approached Scotland-based Wood Group t hrice across May and June, taking the offer from 205 pence to 230 pence, which it had said would be its final
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Wood Group extends deadline for Sidara's takeover offer to Aug. 9

Wood Group extends deadline for Sidara's takeover offer to Aug. 9 July 31 (Reuters) - UK's John Wood Group WG.L on Wednesday extended the deadline by which Dubai-based engineering and consulting firm Sidara would need to make a firm offer for the company to not later than August 9. Reporting by Aatrayee Chatterjee in Bengaluru; Editing by Shailesh
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Wood Group Extends Put Up Or Shut Up Deadline To August 9

BRIEF-Wood Group Extends Put Up Or Shut Up Deadline To August 9 July 31 (Reuters) - John Wood Group PLC WG.L : WOOD GROUP (JOHN)PLC - EXTENSION TO PUT UP OR SHUT UP DEADLINE WOOD PLC: EXTENDS PUT UP OR SHUT UP DEADLINE TO 5.00PM ON 9 AUGUST 2024 WOOD PLC: DISCUSSIONS WITH SIDARA REMAIN ONGOING Source text for Eikon: ID:nRSe6528Ya Further company co
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Barclays upbeat on European energy services; picks Tecnicas, Saipem, TGS

BUZZ-Barclays upbeat on European energy services; picks Tecnicas, Saipem, TGS ** Barclays keeps a positive look on European energy services ahead of Q2 results, saying it prefers "overweight" rated Tecnicas Reunidas TRE.MC , Saipem SPMI.MI and TGS TGS.OL ** It says Tecnica's ambitious margin expectations are likely to see further traction, while Sa
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Wood Group Secures Six-Year Contract With Shell

BRIEF-Wood Group Secures Six-Year Contract With Shell July 9 (Reuters) - Shell PLC SHEL.L : WOOD AWARDED MAJOR CONTRACT FOR SHELL’S PRELUDE SECURES SIX-YEAR CONTRACT WITH SHELL Source text for Eikon: ID:nRSI5624Va Further company coverage: SHEL.L
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UK Stocks-Factors to watch on July 4

UPDATE 1-UK Stocks-Factors to watch on July 4 Adds new items, updates futures July 4 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher on Thursday, with futures FFIc1 up 0 .1%. * BARCLAYS: British bank Barclays BARC.L has agreed to sell its German consumer finance business to BAWAG Group AG BAWG.VI for a "small premium to net assets", payable in cash, it said.
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Wood Group Says PUSU Deadline Extended to 31 July 2024

BRIEF-Wood Group Says PUSU Deadline Extended to 31 July 2024 July 3 (Reuters) - John Wood Group PLC WG.L : WOOD GROUP (JOHN)PLC - EXTENSION TO PUT UP OR SHUT UP DEADLINE JOHN WOOD GROUP PLC - PUSU DEADLINE EXTENDED TO 31 JULY 2024 Source text for Eikon: ID:nRSC0424Va Further company coverage: WG.L
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Adds NHOA, International Resources Holding, Volkswagen and John Wood Group July 3 (Reuters - The following bids, mergers, acquisitions and disposals were reported by 1700 GMT on Wednesday: ** Dubai-based engineering and consulting firm Sidara has sought the extension of a deadline to make a firm offer for UK's John Wood Group WG.L to July 31, after being rejected thrice earlier.
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Sidara seeks time till July 31 to make another offer for UK's Wood Group

RPT-UPDATE 1-Sidara seeks time till July 31 to make another offer for UK's Wood Group Repeats to fix formatting, no changes to text July 3 (Reuters) - Dubai-based engineering and consulting firm Sidara has sought the extension of a deadline to make a firm offer for UK's John Wood Group WG.L to July 31, after being rejected thrice earlier. Sidara, previously known as Dar Al-Handasah, approached the British oilfield services and engineering company three times across May and June, taking the offer
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