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.
The first question at the beginning of any German takeover is what the ending looks like. Buying a Frankfurt-listed company ...
ADNOC Drilling, a subsidiary of Abu Dhabi National Oil Company (ADNOC), has established a JV named Turnwell ...
The project would provide artificial lifts to multiple wells for the project’s second phase, aimed at boosting oil output at ...
Abu Dhabi National Oil Co. reached a deal to buy chemical producer Covestro AG for about €11.7 billion ($13 billion), in what ...
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