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Wood Group, Amec offer to allay UK competition concerns open to comments

( August 18, 2017, 13:06 GMT | Official Statement) -- MLex Summary: John Wood Group's proposal to allay competition concerns in its bid to buy rival engineering services group Amec Foster Wheeler is open to comments until Sept. 4, the UK's competition authority has said. Wood Group has promised to sell Amec's upstream offshore oil and gas business in the UK, which the watchdog says it currently considers to be an appropriate remedy to address competition concerns.The full text of the statement is below. The proposed undertakings are also attached....

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