
Apollo Walks Away from Wood
US private equity group Apollo Management Holdings has walked away from a potential deal with Wood Group after more than four months of pursuing the British multinational engineering and consulting business.
US private equity group Apollo Management Holdings has walked away from a potential deal with Wood Group after more than four months of pursuing the British multinational engineering and consulting business.
British multinational engineering and consulting business Wood Group has decided to engage with private equity firm Apollo Management, which has made a fifth offer valuing the group at about $2 billion.