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Abu Dhabi's ADNOC to buy German chemicals firm Covestro
Abu Dhabi's ADNOC to acquire German chemicals firm Covestro for $16.4 billion
Abu Dhabi's state oil firm ADNOC announced it will buy German firm Covestro in a 14.7 billion-euro deal ($16.4 billion).
Abu Dhabi’s ADNOC targets giant $16bn takeover of Germany’s Covestro
The Abu Dhabi National Oil Company (ADNOC) has launched a $16bn takeover bid for German chemical giant Covestro. The move to acquire a German industrial powerhouse would be a record purchase for the Abu Dhabi company and a long-term investment in its industrial and chemical future.
UAE Oil Giant ADNOC Swoops On German Chemicals Firm Covestro
German chemicals group Covestro said Tuesday it had accepted a takeover bid from UAE state energy company ADNOC, as one of the key sectors in Europe's largest economy is gripped by crisis.
22h
Adnoc to Buy Covestro for €12 Billion in Its Biggest Deal
Abu Dhabi National Oil Co. reached a deal to buy chemical producer Covestro AG for about €11.7 billion ($13 billion), in what ...
Crude Oil Prices
18h
UAE’s Oil Giant ADNOC to Buy Chemicals Firm Covestro in $16-Billion Deal
Following a year of negotiations,
Abu
Dhabi
’s
oil
company
ADNOC
has agreed to buy Germany’s chemicals giant ...
Upstream
18h
Adnoc awards major contract prize for UAE's largest onshore oilfield
The project would provide artificial lifts to multiple wells for the project’s second phase, aimed at boosting oil output at ...
Bloomberg L.P.
4h
UAE Oil Giant’s $13 Billion Wager on Riding Out the Energy Shift
Abu
Dhabi
’s state energy
company
is making its biggest global move yet by acquiring a key chemical-maker in Europe’s ...
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