International Companies

Abu Dhabi National Oil expected to make formal offer for Covestro

By Iain Gilbert

Date: Wednesday 11 Sep 2024

(Sharecast News) - Abu Dhabi National Oil Company was expected to make a formal offer to acquire German plastic and chemicals manufacturer Covestro for approximately €14.4bn including debt, according to the Financial Times.
After circling it for over twelve months, Covestro opened its books to ADNOC back in June and agreed...

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