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Adnoc to Buy Covestro for €12 Billion
Adnoc International to acquire Covestro AG
Covestro AG, the Bayer spinout and plastics manufacturer whose North American headquarters is in Pittsburgh, is poised to be acquired by Adnoc International for about $18 billion.
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.
UAE’s Adnoc Buys Germany’s Covestro for $13 Billion
The tie-up is part of the oil producer’s big bet on chemicals, as it tries to transform into a fully integrated energy company.
1d
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 ...
1d
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).
Opinion
1d
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 ...
Business Times
1d
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 ...
11h
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 ...
Wall Street Journal
2d
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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Abu Dhabi National Oil Company
German chemicals
United Arab Emirates
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