Abu Dhabi's ADNOC to buy German chemicals firm Covestro for …
WEB4 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.
Press Releases - ADNOC
WEBSep 4, 2024 · We focus on developing new oil and gas fields in an onshore concession block located in the southeast of Abu Dhabi, supporting ADNOC’s ambition to cost-efficiently unlock and maximize value from all of Abu Dhabi’s oil and gas resources.
Adnoc to Buy Covestro for €12 Billion in Its Biggest Deal (2)
WEB3 days ago · Bloomberg News. Firm to subscribe to €1.2 billion capital hike upon completion. Chemicals are big part of Adnoc’s global acquisitions push. 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 …
Abu Dhabi’s ADNOC targets giant $16bn takeover of Germany’s …
WEB3 days ago · 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. ADNOC today ...
ADNOC to buy German chemical company Covestro in $12.9bn deal
WEB1 day ago · 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 ...
UAE oil giant ADNOC swoops on German chemicals firm Covestro
WEB3 days ago · Under the terms of the agreement, valid until the end of 2028, the Abu Dhabi National Oil Company (ADNOC) will make an offer for all remaining Covestro stock at a price of 62 euros per share.
Abu Dhabi's ADNOC to buy German chemicals firm Covestro for …
WEBBy Ludwig Burger and Yousef Saba BERLIN/DUBAI (Reuters) -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 ...
Abu Dhabi's ADNOC to acquire German chemicals firm Covestro …
WEB4 days ago · The company has adjusted its full year guidance for 2022, citing a number of factors. Abu Dhabi's state-owned oil firm ADNOC on Tuesday said it has agreed to buy German chemicals firm Covestro for ...
Adnoc nears €14.4bn takeover of Covestro - Financial Times
WEBJun 24, 2024 · The Abu Dhabi National Oil Company is nearing a €14.4bn agreement to take over the German chemicals group Covestro, setting up the Gulf state-owned energy producer to expand its overseas...
ADNOC expected to make formal offer for Covestro of about …
WEBSep 11, 2024 · Abu Dhabi National Oil Company (ADNOC) is expected to make a formal offer to acquire Covestro for about 14.4 billion euros ($15.9 billion) including debt, the Financial Times reported on...