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Logistics (MENA) 
THIS MORNING: Masdar exits hydrogen project with OMV + Adia offloads more of Lenskart
Plus: IHC confirms Fount Trust as its ultimate parent
Adnoc, OMV want to acquire Mubadala’s Nova Chemicals
The move falls under the pair’s broader plans to set up a global polyolefin complex
Adnoc acquires 24.9% stake in Austrian OMV
The companies will continue to seek a final agreement on the Borouge merger with Borealis
Adnoc, OMV to resume talks on Borouge-Borealis petrochem merger + US, British troops launch fresh strikes against Houthi targets
The merger, estimated to be worth USD 30 bn, has been in the works since last year