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Abu Dhabi's ADNOC to buy German chemicals firm Covestro
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).
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’s Adnoc to buy German chemicals company Covestro for 14.7 billion euros
ABU Dhabi’s Adnoc has struck a deal to buy German chemicals maker Covestro for 14.7 billion euros (S$21 billion), including debt, in the energy giant’s biggest ever acquisition. Read more at The Business Times.
3d
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 ...
CompositesWorld
3h
Covestro signs investment agreement with ADNOC
Agreement supports ADNOC’s public takeover offer to all of Covestro’s shareholders, all of which will become a foundation for ...
Plastics News
7h
What are the benefits to Adnoc's purchase of Covestro?
One market analyst sees several benefits to Abu Dhabi National Oil Co.'s $13 billion proposal to buy materials giant Covestro ...
3d
on MSN
Abu Dhabi's ADNOC to buy German chemicals company Covestro for $18 billion
Abu Dhabi's ADNOC has agreed to buy German chemicals producer Covestro for 15.9 billion euros ($18 billion) including debt, ...
3d
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 ...
Canadian Plastics
3d
Abu Dhabi’s ADNOC acquiring Covestro for $16 billion
There are no plans to sell, close or significantly reduce its business activities as part of the transaction, Covestro ...
Upstream
3d
Middle East contractor lands sizeable deal from Adnoc for work on UAE's largest onshore oilfield
The project would provide artificial lifts to multiple wells for the project’s second phase, aimed at boosting the oil output ...
2d
Adnoc-Backed VTTI Looks to Buy Into LNG Terminals in Asia
Energy storage company VTTI BV, backed by Abu Dhabi’s main oil company and Vitol Group, is looking to invest in LNG import ...
1d
Adnoc targets to ride out the energy transition
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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