Aussie engineering firm Worley's top shareholder sells 19% stake, shares plunge
30/04/2024 01:49
April 30 (Reuters) - Worley WOR.AX said on Tuesday its
top shareholder, Dubai-based engineering and consulting firm
Sidara, has sold about 19% stake in a block trade, sending the
Australian engineering company's shares more than 11% lower.
(Reporting by Sameer Manekar in Bengaluru; Editing by Rashmi
Aich)
((Sameer.Manekar@thomsonreuters.com; Twitter: https://twitter.com/sameer_manekar))
Recent news on Worley
See all newsWorley shares fall; Jefferies, Citi cut PT as Middle East uncertainty continues to weigh
Jefferies, Citi cut PT for Worley as Middle East uncertainty continues to weigh
Australia's Worley flags bigger earnings hit from Iran war, warns on currency drag
Brief: Worley To Appeal Full Federal Court Class Action Judgment
Brief: Worley Announces Impact Of Middle East Conflict And Foreign Currency Translation Effect On FY26