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UAE'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.
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.
ADNOC to buy German chemicals firm Covestro for $18bn
The deal marks a cornerstone for ADNOC’s plans to grow its petrochemicals business along with gas and renewable energy.
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).
9h
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 ...
1d
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 ...
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 ...
13h
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
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 ...
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Abu Dhabi National Oil Company
United Arab Emirates
German chemicals
The Wall Street Journal
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