# John Wood Group makes recommended all-share offer for Amec Foster Wheeler

John Wood Group agreed terms on a recommended all-share offer for Amec Foster Wheeler, valuing the target's issued share capital at about GBP 2,225 million, with Amec shareholders receiving 0.75 new Wood Group shares per share.

- Type: Acquisition
- Announced: 2017-03-13
- Where: United Kingdom
- Value: $2.80B (2.23B GBP)
- Status: announced
- Products: engineering services, project delivery services, asset life cycle services

## Companies

- [John Wood Group](https://endata.com/companies/1092.md) (acquirer)
- [Amec Foster Wheeler](https://endata.com/companies/1093.md) (target)

## Sources

- [prnewswire.co.uk](https://www.prnewswire.co.uk/news-releases/regulatory-news/wood-group-john-plc---recommended-all-share-offer-for-amec-foster-wheeler-616003663.html), 2017-03-13: "The boards of Amec Foster Wheeler and Wood Group are pleased to announce that they have reached agreement on the terms of a recommended all-share offer by Wood Group to acquire the entire issued and to be issued share capital of Amec Foster Wheeler."
- [woodgroup.com](https://www.woodgroup.com/?a=10122), 2017-03-13: "The Combination represents a transformational transaction for Wood Group, which accelerates our strategy and creates a global leader in project, engineering and technical services delivery across a range of industrial sectors."
- [woodgroup.com](https://www.woodgroup.com/investors/financial-and-regulatory-news/2017/recommended-all-share-offer-by-john-wood-group-plc-wood-group-for-amec-foster-wheeler-plc-amec-foster-wheeler-publication-of-prospectus-and-circular-this-announcement), 2017-05-23: "Under the terms of the Combination, Amec Foster Wheeler Shareholders will receive 0.75 new Wood Group Shares for each Amec Foster Wheeler Share."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.