Wood Plc shares climb as revenue and profit guidance increases
Positive results for growth strategy, but H1 results dented by legacy issues and Apollo takeover bid
Apollo Global Management
‘We’re turning the company around’ – Wood growth blueprint bearing fruit, says CEO
As for the takeover bids by Apollo Global Management, Ken Gilmartin said questions about “what happened or what didn’t happen are probably better addressed by Apollo”.
Wood shares plunge as Apollo decides against takeover move
Shares in Wood are down 34% on the news that Apollo will no longer be pursuing the Aberdeen engineering giant.
Wood extends bid deadline again in pursuit of firm offer from Apollo
Wood Group has extended its deadline in the hopes of pinning down a firm and final takeover offer from US private-equity group Apollo.
Apollo moves to break deadlock with final takeover bid for Wood
After "careful consideration", and in a bid to reach "a definitive conclusion", Apollo submitted a fifth, and final, offer on Tuesday.
Wood asks for more time on potential takeover bid
Wood’s board has asked for an extension to the deadline for a proposed takeover bid to prepare its annual results and canvas shareholders.
Wood shares soar on takeover approach from US private-equity firm
Aberdeen-headquartered Wood Group (LON: WG) has knocked back three takeover attempts by an American private-equity firm.
Apollo said to lead buyout group for $10bn Aramco deal
Apollo Global Management is leading a group of investors aiming to buy a roughly $10 billion (£7.2bn) stake in Saudi Aramco’s oil pipelines, people familiar with the matter said.
Adnoc signs off on properties lease with Apollo
An Apollo Global Management-led group will pay $2.7 billion to Adnoc for a 49% lease in various properties.