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ADNOC nears $13B deal to buy Covestro

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.

Hosted on MSN · 10h

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,

The Magazine · 45m

Covestro agrees to takeover deal by ADNOC at 62 euros per share

Covestro AG (Leverkusen, Germany; today signed an Investment Agreement with certain entities of the ADNOC Group (Abu Dhabi, United Arab

13h

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 ...

6h

Adnoc International to acquire Covestro AG

Adnoc International announced an agreement to acquire Covestro AG, whose North American headquarters are in Pittsburgh.

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 ...

8hOpinion

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 ...

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