India, Aug. 28 -- John Wood Group plc (WG.L), Thursday announced that its board has requested an extension to the date by which Dar Al-Handasah Consultants Shair and Partners Holdings Ltd (Sidara) is required either to announce a firm intention to make an offer for Wood or to announce that it does not intend to make an offer.
The company added that the announcement must be made by not later than 5 pm on Friday 29 August 2025.
This comes as Sidara has previously proposed to acquire Wood, and later informed its board in writing about its commitment to acquire the entire issued and to be issued share capital of Wood.
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The proposal also stated that once the ...