ADNOC’s still on the hunt after $13 billion acquisition - Yahoo …
WEB1 day ago · The News. The UAE’s national oil company agreed to buy Germany’s Covestro for about $13 billion, marking the biggest deal ever for ADNOC as it moves to transform itself from a crude producer ...
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.
Press Releases - ADNOC
WEBSep 4, 2024 · ADNOC Group (ADNOC), one of the world’s leading oil and gas companies, today unveiled its new brand aligned with a new strategic focus to ensure that it continues to be a competitive organization that is fit for the future.
Abu Dhabi's ADNOC to buy Covestro for $16.4 billion - CNBC
WEB2 days 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 ...
Adnoc to Buy Covestro for €12 Billion in Its Biggest Deal
WEB1 day ago · 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.
ADNOC seals $13b takeover of German plastic-maker Covestro
WEB1 day ago · Covestro separately confirmed it had accepted a takeover bid that values one of the world's leading chemical players at 12 billion euros ($13.3 billion). This landmark agreement marks a step ...
Why Adnoc Agreed to Buy Covestro for €12 Billion - Bloomberg
WEB1 day ago · A €12 billion deal with adnoc and an icon in German industry cove Astro. Walk us through what got this deal across the finish line given that it's been in the works for a year now? Well, clearly ...
UAE’s Adnoc Nears $13 Billion Deal to Buy Germany’s Covestro
WEB3 days ago · Listen. (1 min) Adnoc is likely to announce the deal as soon as this week. Photo: nabila eltigi/Reuters. An oil producer from the United Arab Emirates is finally set to clinch a $13 billion-plus ...
Adnoc’s long Covestro chase set to achieve Europe’s largest …
WEBJun 24, 2024 · For Adnoc, the €62-a-share deal — a premium of nearly 60 per cent on the German group’s share price last June before news of the initial talks — is part of a five-year, $150bn plan to...
Adnoc board approves $127bn spending plan as it unveils …
WEBDec 1, 2021 · The Adnoc board, which met at the UAE pavilion at Expo 2020 Dubai, also endorsed company plans to evaluate doubling its liquefied natural gas (LNG) production capacity to 12 million metric tonnes per annum, as …