John Wood Group shares gain on vague bid chatter
John Wood Group, a listed UK-based oilfield services company, was the subject of vague bid talk yesterday, 10 February, The Daily Telegraph reported. The newspaper did not cite a source for the speculation.
John Wood Group's share price reached 675p yesterday afternoon in London before closing 16p up on the day at 669p. The company’s market capitalisation currently stands at GBP 2.50bn (EUR 3bn).
Daily Telegraph