German chemicals group Covestro said Tuesday it had accepted a takeover bid from the United Arab Emirates state energy company ADNOC, valuing the plastics-maker at 12 billion euros ($13.3 billion).
ADNOC to acquire Covestro for €15.9B, marking one of this year's largest deals and transforming the chemicals producer into ...
The first question at the beginning of any German takeover is what the ending looks like. Buying a Frankfurt-listed company ...
Following a year of negotiations, Abu Dhabi’s oil company ADNOC has agreed to buy Germany’s chemicals giant Covestro in a ...
The project would provide artificial lifts to multiple wells for the project’s second phase, aimed at boosting oil output at ...
UAE state energy giant ADNOC will buy German chemicals firm Covestro for 12 billion euros ($13.3 billion) ...
Markus Steilemann, CEO of Covestro, discusses the "unprecedented deal" between ADNOC and Covestro, and what this could mean ...
Morgan Stanley expects a 25 basis-point ECB rate cut in October, followed by back-to-back cuts until March 2025. Oil prices edged lower in early trading as prospects of increased supply from OPEC+ ...
Schlumberger N.V. and ADNOC Drilling form JV with Patterson-UTI Energy to accelerate UAE's unconventional oil and gas program, targeting 144 wells by 2025.
Abu Dhabi National Oil Co., or Adnoc, agreed Tuesday to the tie-up, bringing an end to more than a year of talks that had ...
Abu Dhabi's ADNOC has agreed to buy German chemicals producer Covestro for 15.9 billion euros ($18 billion) including debt, ...
EQS-Adhoc: Covestro AG: Covestro signs an Investment Agreement with ADNOC and supports the public takeover offer to all Covestro shareholders ...