John Wood Group PLC (WG.L)
- Reuters
UPDATE 1-Sparta Capital urges Wood Group to seek sale, rethink UK listing
Activist shareholder Sparta Capital Management is pushing British engineering services firm Wood Group to consider either selling itself or to reconsider its UK listing, according to a letter from the fund manager on Tuesday. A representative for the hedge fund declined to comment on the letter and also declined to confirm how much stock Sparta Capital held in Wood Group. Wood Group also declined to comment.
- Reuters
Sparta Capital urges Wood Group to seek sale, rethink UK listing
Activist shareholder Sparta Capital Management is pushing British engineering services firm Wood Group to consider either selling itself or to reconsider its UK listing, according to a letter from the fund manager on Tuesday. A representative for the hedge fund declined to comment on the letter and also declined to confirm how much stock Sparta Capital held in Wood Group. Wood Group also declined to comment.
