Engineering Industry News – Late April 2025
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One of Scotland’s largest companies – engineering giant Wood Group – is backing a £242m takeover approach. Aberdeen-headquartered Wood said Sidara, an engineering and consultancy based in Dubai, had made the offer.
Wood’s board of directors have now said they would be “minded to recommend”, external the deal. https://www.bbc.co.uk/news/articles/c87pexe3z8vo