1 minute read
An American suitor
the fifth, which valued Wood at £1.66 billion (€1.84 billion), 59 per cent more than the share price before the first offer was made.
The board of directors listened to Wood’s investorsmainly big institutional funds and decided to open the books to Apollo.
This follows a steady de
STATE
OWNED airports operator
Aena is putting out to tender a fiveyear, €1.5 billion contract for private security.
What is possibly the Administration’s largestever services contract, seeks approximately 5,500 security guards and 2,000 assistants for Aena’s 45 airports, two helipads and Murcia aerodrome.
They will be required to provide adequate security at Aena airports which foresee 286 million arrivals during 2023, rising to 288 million in 2024, 301 million in 2025 and 315 million in 2026.
Insiders familiar with the contract specifications said in the Spanish press that this offered the option of an additional year, to provide the chosen companies with as much stability as possible.
Getaways
DESPITE the costofliving crisis, spending on flights and holidays rose in the first three months of 2023.
Details from more than 24 million UK bank accounts showed a 27 per cent yearonyear rise on package holiday bookings, and a 36 per cent increase in spending on airfares, according to analysis by digital advertising platform Cardlytics.
cline in Wood’s share price, partly to the problematical £2.2 billion (€2.5 billion) takeover of US engineering giant Amec Foster Wheeler, and attempts to diversify from oil and gas.
The original deadline for a decision has now passed and has been moved to May 17.
