Abu Dhabi's ADNOC to buy German chemicals firm Covestro for …
WEB1 day ago · 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 to buy Covestro for $16.4 billion - CNBC
WEB1 day ago · Abu Dhabi’s state-owned oil firm ADNOC on Tuesday said it has agreed to buy German chemicals firm Covestro for 14.7 billion euros ($16.4 billion). ADNOC will launch a 62 euros-per-share ...
Press Releases - ADNOC
WEBSep 4, 2024 · We focus on developing new oil and gas fields in an onshore concession block located in the southeast of Abu Dhabi, supporting ADNOC’s ambition to cost-efficiently unlock and maximize value from all of Abu Dhabi’s oil and gas resources.
Abu Dhabi’s ADNOC targets giant $16bn takeover of Germany’s …
WEB22 hours ago · 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. ADNOC today ...
Abu Dhabi's ADNOC to buy German chemicals firm Covestro for …
WEB13 hours ago · Abu Dhabi's ADNOC has struck a deal to buy German chemicals maker Covestro for €14.7 B ($16.3 B), including debt, in the energy giant's biggest ever acquisition. The deal is one of the largest foreign takeovers by a Gulf state as countries in the region seek to reduce their dependence on oil amid the global switch to cleaner energy.
UAE: Adnoc to buy German chemicals company Covestro for …
WEB1 day ago · Adnoc took a 24.9% stake in OMV from Abu Dhabi sovereign fund Mubadala in February. Covestro, which makes plastics and chemicals for the automotive, construction and engineering sectors, was ...
ADNOC seals $13b takeover of German plastic-maker Covestro
WEB1 day ago · Abu Dhabi: ADNOC sealed an investment deal with Covestro after launching a cash takeover offer of Dh254 (62 euros) per share to all its shareholders. Covestro separately confirmed it had accepted ...
Abu Dhabi's ADNOC to buy German chemicals firm Covestro for …
WEBBy Ludwig Burger and Yousef Saba BERLIN/DUBAI (Reuters) -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 ...
UAE oil giant ADNOC swoops on German chemicals firm Covestro
WEB1 day ago · Under the terms of the agreement, valid until the end of 2028, the Abu Dhabi National Oil Company (ADNOC) will make an offer for all remaining Covestro stock at a price of 62 euros per share.
Abu Dhabi's ADNOC in almost $11 billion approach for Covestro
WEBJune 20 (Reuters) - Abu Dhabi National Oil Company (ADNOC) has approached German plastics and chemicals maker Covestro AG (1COV.DE) with a takeover proposal worth more than 10 billion euros...