Adnoc agrees to buy Germany’s Covestro in €14.7bn deal
Abu Dhabi’s national oil company has agreed a €14.7bn deal to buy German chemicals group Covestro in one of the largest European takeovers this year. Adnoc, which has been pursuing Covestro since last year, has offered €62 per share for the German company. It will also inject €1.17bn of new money into the chemicals group.
The first question at the beginning of any German takeover is what the ending looks like. Buying a Frankfurt-listed company ...
Oil giant Abu Dhabi National Oil Co. (Adnoc) has reached an agreement of around 11.7 billion euros ($13 billion) to acquire ...
Adnoc International announced an agreement to acquire Covestro AG, whose North American headquarters are in Pittsburgh.
An oil producer from the United Arab Emirates is set to clinch a $13 billion-plus deal for Germany’s Covestro, pushing ADRs ...
The global plastic waste crisis is intensifying, with approximately 400 million tons of plastic waste generated annually.
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