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THIS MORNING: Israel strikes Iran in biggest attack on the country since Iraq war + President heads to G7 summit this Sunday
Plus: Sidara’s Wood takeover deadline was extended to the end of June
Bilateral chip agreement with the US could be on the table during talks with Trump in mid-May
Plus: Brent crude slides below USD 62 yesterday
THIS MORNING: Adnoc shortlisted for acquisition of Shell’s downstream assets in South Africa + Wood resets the clock on Sidara’s takeover bid
Plus: Driverless taxis are now available in Abu Dhabi at no cost
Sidara submits another offer for UK’s Wood Group for USD 318.4 mn
Sidara’s latest offer is priced well below what it was willing to pay for Wood last year
THIS MORNING: Opec+ to hike production next month + Emergency Gaza-focused Arab League summit kicks off in Egypt today
Plus: Wood Group taps Rothschild for debt refinancing amid Sidara takeover talks
THIS MORNING: Alpha Data likely to price IPO at top of range + Is Sidara’s acquisition of Wood Group back on the table?
Plus: A host of debt updates from Sharjah Islamic Bank and Tabreed
Sidara subsidiary Dar commissioned to design Ethiopia’s new USD 6 bn airport
The airport is set to become the biggest in Africa
Sidara backs out of plans to buy out Wood Group
Sidara previously submitted four acquisition bids for Wood Group
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