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.
Abu Dhabi National Oil Co. reached a deal to buy chemical producer Covestro AG for about €11.7 billion ($13 billion), in what ...
Abu Dhabi's state-owned oil enterprise, Adnoc, declared on Tuesday its intention to purchase the German chemical manufacturer ...
The project would provide artificial lifts to multiple wells for the project’s second phase, aimed at boosting oil output at ...
The first question at the beginning of any German takeover is what the ending looks like. Buying a Frankfurt-listed company ...
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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