John Wood Group Plc. shareholders approved the cash acquisition by Sidara Limited with overwhelming support. The Scheme of Arrangement received 89.07% of votes, and special resolutions had strong backing as well. The acquisition is expected to be completed in the first half of 2026, pending regulatory approvals and court sanction. Wood will receive $250 million in interim funding and access a $200 million new money facility. The agreement for the acquisition was reached on 29 August 2025, with the boards of Wood and Sidara agreeing on the terms of the recommended all cash acquisition through a Court sanctioned scheme of arrangement.

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