John Wood Group, Sidara A&E Implementation Deed Takes Effect; Scheme Closing Expected in H1 2026

11:03 PM EST, 12/04/2025 (MT Newswires) -- John Wood Group (WG.L) said Thursday the amended and extended implementation agreement for its acquisition by Sidara took effect Wednesday as the parties work towards a first-half 2026 deal completion. The British engineering and consulting company and Sidara fulfilled all conditions for the interim funding and escrow agreement, with John Wood gaining access to $250 million in interim and $200 million in new money facilities. While some exceptional conditions have been fulfilled, the implementation of the scheme remains conditional on certain items including those related to debt levels and approvals from the court.