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Evening Standard
Evening Standard
Business
Holly Williams

UNBELIEVABLE: Wood group extends takeover talks with uae suitor sidara - The Untold Story

Troubled engineering firm John Wood Group has given its Dubai-based suitor Sidara more time to come up with a firm offer.

Aberdeen-headquartered Wood Group said Sidara – a privately held network of engineering and design companies run from the United Arab Emirates – now has until April 17 to make an offer or walk away under City takeover rules.

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