Are you wondering why Wood Group is worth more than the latest offer from Apollo? Well, wonder no more! Our team of experts have conducted a thorough analysis and we are here to break it down for you. In this blog post, we’ll take a closer look at the factors that make Wood Group a valuable asset in today’s market. From their impressive track record to their strategic growth plans, there’s plenty to unpack here. So sit back, relax and join us as we delve into why Wood Group is worth every penny – and then some!

Wood Group’s History

Wood Group has a long and successful history in the oil and gas industry. Founded in Aberdeen, Scotland in 1887, the company has a rich heritage of providing high quality services to the energy sector.

Over the past 130 years, Wood Group has evolved and grown into a truly global organisation. Today, we employ over 43,000 people in more than 55 countries and have a strong presence in all the major oil and gas producing regions around the world.

We are proud to have been involved in some of the most significant projects in the history of the oil and gas industry. From building the first pipelines in the North Sea to developing cutting-edge technologies for deepwater drilling, we have always been at the forefront of innovation.

Our people are our greatest asset and it is their expertise, commitment and passion that has made Wood Group the success it is today. As we look to the future, we remain focused on delivering value for our shareholders, customers and employees.

Apollo’s Offer

Wood Group is an international energy services company with a strong track record of delivering complex projects safely and on time. The company has a market-leading position in many of the world’s most challenging environments, including the Arctic, deepwater offshore and desert regions.

Wood Group’s unique combination of engineering, project management and operations capabilities makes it ideally placed to support oil and gas companies as they seek to maximise value from their assets.

The company’s shares have been under pressure in recent months as investors have questioned its ability to deliver growth in the current climate. However, we believe that Wood Group is well positioned to weather the current downturn and emerge as a stronger company when conditions improve.

We therefore view Apollo Global Management’s unsolicited offer for the company as opportunistic and believe that Wood Group is worth more than the $2.2 billion that Apollo has offered.

Expert Analysis

As the leading provider of support services to the oil and gas industry, Wood Group is worth more than Apollo Global Management’s latest offer, according to expert analysis.

Wood Group has a long history of providing high-quality support services to the oil and gas industry, and its experienced management team is well-positioned to continue this tradition. Apollo’s offer fails to take into account the value of Wood Group’s brand and reputation, as well as its strong market position.

The expert analysis concludes that Wood Group is worth more than Apollo’s latest offer, and recommends that shareholders reject the bid.

Why Wood Group is Worth More

Wood Group is an international energy services company with operations in more than 50 countries. The company has a strong track record of delivering high-quality services to the oil and gas industry, and has a long history of working in some of the most challenging environments in the world.

Wood Group has a market capitalization of $5.4 billion, and its shares are listed on the London Stock Exchange. The company has a strong balance sheet, with net debt of just $1.1 billion at the end of 2016.

Wood Group is a well-run business with a clear strategy for growth. The company has consistently delivered strong financial results, and its shares have outperformed the oil services sector over the past five years.

Wood Group is worth more than Apollo’s latest offer because it is a stronger business with a more robust financial profile. The company also has a proven track record of delivering high-quality services to its clients, which makes it an attractive partner for oil and gas companies looking to outsource their operations.

Conclusion

In conclusion, Wood Group’s Board of Directors have made the right call in rejecting Apollo Global Management’s offer. The company has done their due diligence and concluded that the value offered by Apollo was not adequate, and believe it is worth significantly more. Through careful analysis and comparison to its peers, Wood Group could likely secure a better deal through negotiations or with another bidder. As such, investors should expect to see continued upward movement for the stock as rumors start to circulate regarding other potential suitors or offers on the table.