Apollo Makes Final $2 Billion Takeover Offer for John Wood Group.

Shares in Wood Group rose as much as 9.5%, the biggest gain in almost a month, and were up 2.5% at 3:21 p.m. in London, valuing the company at about £1.5 billion. Wood Group has been reluctant to grant Apollo further access to its business after saying in March that a fourth offer of £1.64 billion undervalued the company. (Bloomberg) -- Apollo Global Management Inc. has made a final £1.66 billion ($2 billion) offer for John Wood Group Plc, the Scottish engineering company that's already spurned four takeover approaches from the private equity firm. [Extracted from the article]