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Adnoc to Buy Covestro for €12 Billion
Abu Dhabi's ADNOC to buy German chemicals firm Covestro for $16 bln
Abu Dhabi's ADNOC has struck a deal to buy German chemicals maker Covestro for 14.7 billion euros ($16.3 billion), including debt, in the energy giant's biggest ever acquisition.
UAE’s Adnoc Buys Germany’s Covestro for $13 Billion
The tie-up is part of the oil producer’s big bet on chemicals, as it tries to transform into a fully integrated energy company.
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’s set to be the biggest Middle Eastern acquisition of a European firm.
16h
on MSN
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).
Opinion
13h
Opinion
Adnoc Denies Hedge Funds the Neat German M&A Trade With Covestro Bid
The first question at the beginning of any German takeover is what the ending looks like. Buying a Frankfurt-listed company ...
11h
Adnoc International to acquire Covestro AG
Adnoc International announced an agreement to acquire Covestro AG, whose North American headquarters are in Pittsburgh.
Ziarul BURSA | BURSA.RO
3h
Covestro, taken over by Adnoc for 11.7 billion euros
Oil giant Abu Dhabi National Oil Co. (Adnoc) has reached an agreement of around 11.7 billion euros ($13 billion) to acquire ...
Wall Street Journal
1d
Covestro Stock Rises After Deal News
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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Abu Dhabi National Oil Company
United Arab Emirates
German chemicals
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