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UAE's ADNOC to buy German chemicals firm Covestro
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).
UAE’s Adnoc Nears $13 Billion Deal to Buy Germany’s Covestro
The tie-up dovetails with the Middle Eastern energy company’s push into chemical production.
Abu Dhabi’s ADNOC targets giant $16bn takeover of Germany’s Covestro
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.
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 ...
Yahoo Finance
1d
ADNOC Drilling forms JV to accelerate unconventional oil and gas development
ADNOC
Drilling, a subsidiary of
Abu
Dhabi
National
Oil
Company
(
ADNOC
), has established a JV named Turnwell ...
Upstream
2d
Middle East contractor lands sizeable deal from Adnoc for work on UAE's largest onshore oilfield
The project would provide artificial lifts to multiple wells for the project’s second phase, aimed at boosting the oil output ...
2d
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 ...
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