Wood Group Takeover: Dubai's Sidara to the Rescue?

Dubai firm Sidara's $280M takeover of Wood Group is on the horizon after a year of drama, but a UK regulatory investigation and special conditions could still derail the deal. Facing unsustainable finances, Wood Group will receive a $450M cash injection if the acquisition succeeds, offering a potential lifeline for the struggling oil industry services provider. Hosted on Acast. See acast.com/privacy for more information.