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Abu Dhabi's ADNOC to buy German chemicals firm 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.
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 acquiring Covestro for $16 billion
There are no plans to sell, close or significantly reduce its business activities as part of the transaction, Covestro officials said.
8d
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).
timeoutabudhabi
16h
Abu Dhabi has just taken the top spot as the richest city in the world
Abu Dhabi now manages the largest sovereign wealth fund (SWF) capital globally with an astounding $1.7 trillion in assets, as ...
Upstream
1d
Adnoc Gas puts the brakes on expansion of key export facility
Operator notified the FEED contractors that it would not be proceeding with expansion of the Das Island LNG export facility ...
8d
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, ...
8d
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 ...
Zawya
1d
Abu Dhabi Mobility signs agreement to provide taxi meter verification service
All licensed taxi meters in Abu Dhabi will undergo verification upon the official launch of the project, with the process ...
CompositesWorld
5d
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 ...
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