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flag Sidara gets more time to make a takeover offer for Wood Group, after previous bids fell through.

flag Engineering firm Wood Group has extended the deadline for a potential takeover by Dubai-based Sidara until April 17. flag This follows Sidara's previous failed £1.6 billion takeover attempt in August 2023. flag Wood Group’s shares have risen slightly due to the takeover interest, though the company has faced financial and governance issues and a declining share price. flag The extension allows Sidara more time to consider its offer under City takeover rules.

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