Oct 16 (Reuters) - Australian industrial engineering company WorleyParsons Ltd (WOR) said on Wednesday it has informed the country's foreign investments regulator about possible "creeping acquisitions" by its biggest shareholder, Dubai-based Dar Group.
WorleyParsons said it went to the Foreign Investment Review Board (FIRB) after Dar bought some of its shares and requested representation on the WorleyParsons board, which the Australian company did not believe was in shareholders' best interests.
WorleyParsons rejected a $2.2 billion full takeover bid from Dar Group in 2016, and Dar now owns about 20.2% of the Australian company, according to Refinitiv data.
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$13.10 |
Change
0.040(0.31%) |
Mkt cap ! $6.760B | |||
| Open | High | Low | Value | Volume |
| $13.09 | $13.12 | $12.98 | $36.34M | 2.793M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1800 | $13.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.11 | 3000 | 1 |
View Market Depth
| Last trade - 16.10pm 07/08/2025 (20 minute delay) ? |
| WOR (ASX) Chart |