March 24 (Reuters) - The following are the top stories
in the Financial Times. Reuters has not verified these stories
and does not vouch for their accuracy.
Headlines
- Wood Group poised to extend takeover talks with UAE's
Sidara
- National Grid chief says Heathrow had 'enough power'
despite fire shutdown
- Malaysia to crack down on Nvidia ( NVDA ) chip flows under US
pressure
- James Hardie to buy building products group Azek ( AZEK ) for
nearly $9bn
Overview
- British oilfield services and engineering firm Wood Group
has agreed to extend a deadline for talks with
Dubai-based Sidara for a possible takeover offer after a failed
attempt six months ago.
- National Grid's chief executive John Pettigrew has
insisted the electricity transmission network remained capable
of feeding enough power to Heathrow throughout the airport's
closure last week, as airlines' anger over the decision to shut
down for nearly 24 hours grew.
- Malaysian trade minister Zafrul Aziz said Washington was
demanding Malaysia closely track the movement of high-end Nvidia ( NVDA )
chips that enter the country over suspicions that many
are ending up in China, in violation of U.S. export rules.
- Fibre-cement maker James Hardie Industries ( JHX ) said
it would acquire U.S. outdoor building products maker AZEK
Company ( AZEK ) in a cash and stock deal worth $8.75 billion
including debt, looking to boost growth with new offerings to
homeowners.
(Compiled by Bengaluru newsroom)