Abu Dhabi's ADNOC to buy German chemicals firm Covestro for …
WEB3 days 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.
Abu Dhabi's ADNOC to buy Covestro for $16.4 billion - CNBC
WEB3 days ago — Abu Dhabi's state oil firm ADNOC announced it will buy German firm Covestro in a 14.7 billion-euro deal ($16.4 billion).
Adnoc International announces voluntary public takeover for ‘Covestro …
WEB2 days ago — Adnoc on Tuesday announced that Adnoc International Limited (Adnoc International), has entered into an investment agreement with Covestro AG (Covestro), one of the world’s leading chemical players, and launched a voluntary public takeover offer to all shareholders for a cash consideration of Dhs254 (€62) per share.
Abu Dhabi targets largest-ever foreign takeover with €14.7bn offer …
WEB2 days ago — Adnoc will also inject roughly €1.2bn of new money into Covestro as part of the transaction. Frankfurt-listed Covestro is a jewel of German industry that was spun out of the conglomerate Bayer ...
ADNOC nears $13 billion deal to buy Germany's Covestro, WSJ …
WEB3 days ago — Abu Dhabi National Oil Company (ADNOC) is likely to announce a $13 billion-plus deal for Germany's Covestro as soon as this week unless an unexpected snag emerges, the Wall Street Journal...
Adnoc to Buy Covestro for €12 Billion in Its Biggest Deal - Yahoo …
WEB2 days ago — The deal for Covestro comes more than a year after talks first started, with Adnoc initially offering €55 per share and bumping it higher several times, Bloomberg News has reported.
Adnoc to Buy Covestro for €12 Billion in Its Biggest Deal
WEB3 days 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.
Why Adnoc Agreed to Buy Covestro for €12 Billion - Bloomberg
WEB2 days ago — 00:00 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?
Covestro opens door to ADNOC deal after it raises bid to $12.5 bln
WEBJun 24, 2024 — Germany's Covestro said on Monday it was stepping up talks with ADNOC (ADNOC.UL) after the Emirati energy company made an improved 11.7 billion euro ($12.5 billion) takeover bid following...
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...
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