Abu Dhabi National Oil Company (Adnoc) agreed on Tuesday to a €14.7 billion agreement to buy Covestro. The deal, one of Europe's largest takeovers in 2024, will see Adnoc pay €62 per share and inject €1.17 billion into Covestro."As a global leader and industrial pioneer in chemicals, Covestro brings...
Covestro AG and the Abu Dhabi National Oil Company (ADNOC) are close to striking a $13 billion acquisition agreement, The Wall Street Journal reported on Monday citing sources with knowledge of the matter.According to the sources, the deal could be announced sometime this week, should...
Covestro AG confirmed on Friday that the company will begin "open-ended discussions" with the Abu Dhabi National Oil Company (ADNOC).
"The interest of Adnoc in our company underlines our strong position as one of the world's leading manufacturers of high-quality polymer materials and as...
BASF SE NA shares slipped more than 6% on Tuesday after the chemicals company announced that it expects its profits to fall by 30% for the whole 2019 and as much as 50% in the last six months of the year due to the "uncertainty" caused by the trade war between the United States and...
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