UK's Wood Group to sell North American division for $110 million

NAMPA / DPA
2025-08-29
London (PA Media/dpa) - Troubled Wood Group is to sell off its North American transmission and distribution business in a $110-million deal. The proposed sale of the division comes days after Wood revealed a Dubai-based suitor for the group had reduced its takeover offer. Shares in the Aberdeen-headquartered engineering and energy services firm ticked higher on Friday morning after it revealed the planned disposal. It is the latest move to trim t......
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