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.
Abu Dhabi National Oil Co. reached a deal to buy chemical producer Covestro AG for about €11.7 billion ($13 billion), in what ...
Adnoc International announced an agreement to acquire Covestro AG, whose North American headquarters are in Pittsburgh.
There are no plans to sell, close or significantly reduce its business activities as part of the transaction, Covestro ...
The first question at the beginning of any German takeover is what the ending looks like. Buying a Frankfurt-listed company ...
An oil producer from the United Arab Emirates is set to clinch a $13 billion-plus deal for Germany’s Covestro, pushing ADRs ...
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