WorleyParsons shares surge as Dubai-based Dar Group snags stake

Updated February 28 2017 - 6:08pm, first published 5:32pm
Worleyparsons said it had received a "confidential, highly conditional" proposal for all its shares in November. Photo: James Alcock
Worleyparsons said it had received a "confidential, highly conditional" proposal for all its shares in November. Photo: James Alcock

Shares in WorleyParsons surged to a two-year high after a Dubai-based consulting group emerged with a 13.35 per cent holding and confirmed it had made an indicative bid for the engineering contractor last year but was knocked back.

Subscribe now for unlimited access.

$0/

(min cost $0)

or signup to continue reading

See subscription options

Get the latest Nowra news in your inbox

Sign up for our newsletter to stay up to date.

We care about the protection of your data. Read our Privacy Policy.