Deadline for Sidara's formal bid for John Wood extended to July 31 by the Takeover Panel.
Sidara, a Dubai-based engineering and consultancy firm, has had its deadline to make a formal bid for John Wood extended until July 31. The Takeover Panel granted the extension to allow Sidara more time for due diligence and other preparations. Sidara has been steadily increasing its bid proposal for John Wood, with the most recent offer valued at 230 pence per share.
July 03, 2024
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