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 ...
Adnoc’s cash has good chemistry with struggling German industry
That is one way to read Abu Dhabi National Oil Company’s €14.7bn swoop on Germany’s Covestro. The chemicals group, which was spun out of Bayer in 2015, has recommended the offer after a protracted ...
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UAE’s Oil Giant ADNOC to Buy Chemicals Firm Covestro in $16-Billion Deal
Following a year of negotiations, Abu Dhabi’s oil company ADNOC has agreed to buy Germany’s chemicals giant Covestro in a ...
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Abu Dhabi’s ADNOC acquiring German chemicals firm Covestro for $16 billion
There are no plans to sell, close or significantly reduce its business activities as part of the transaction, Covestro ...