Wood Group Update on the Proposed Acquisition of PSN

Source: www.gulfoilandgas.com 3/4/2011, Location: Europe

Wood Group, the international energy services company, welcomes today's announcement by the OFT not to refer Wood Group's proposed acquisition of PSN to the Competition Commission.

The full decision of the OFT is expected to be published in the next few weeks and Wood Group now expects completion of the acquisition to take place towards the end of April subject to, among other things, satisfactory completion of the UK merger control process or waiver of that condition by Wood Group.


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Related Categories: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 

Related Articles: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 


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