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Adnoc to Buy Covestro for €12 Billion
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 ADNOC's business.
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.
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,
Plastics News
1d
What are the benefits of 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 ...
4d
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 ...
4d
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).
EuropaWire
2d
Covestro Signs Investment Agreement with ADNOC, Supporting €62.00 Takeover Offer for Shareholders
Covestro AG has signed an Investment Agreement with ADNOC International Germany Holding AG, which supports ADNOC's public ...
3d
ADNOC’s still on the hunt after $13 billion acquisition
The UAE’s national oil company agreed to buy Germany’s Covestro for about $13 billion, marking the biggest deal ever for ...
Opinion
4d
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 ...
Wall Street Journal
4d
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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