Wood Group Update on the Proposed Acquisition of PSN
Source: www.gulfoilandgas.com 3/4/2011, Location: EuropeWood 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.
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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