ADNOC to buy German chemical company Covestro in $12.9bn deal
Abu Dhabi National Oil Company (ADNOC), through its subsidiary ADNOC International, has signed an agreement to acquire German chemical manufacturer Covestro for €11.7bn (Dh47.43bn). The acquisition terms include a public takeover offer for all outstanding shares of Covestro at €62 per share.
Linklaters and Freshfields Bruckhaus Deringer are key advisers on a $16.3 billion deal involving Abu Dhabi National Oil ...
The first question at the beginning of any German takeover is what the ending looks like. Buying a Frankfurt-listed company ...
Turnwell is set to complete an initial 144 wells by the end of 2025, with ADNOC Drilling holding a 55% stake in the joint ...
The project would provide artificial lifts to multiple wells for the project’s second phase, aimed at boosting oil output at ...
Abu Dhabi National Oil Co. reached a deal to buy chemical producer Covestro AG for about €11.7 billion ($13 billion), in what ...
Abu Dhabi’s state energy company is making its biggest global move yet by acquiring a key chemical-maker in Europe’s ...
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