Abu Dhabi's ADNOC to buy Covestro for $16.4 billion - CNBC
WEB4 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).
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.
ADNOC’s still on the hunt after $13 billion acquisition - Yahoo …
WEB3 days ago — The News. The UAE’s national oil company agreed to buy Germany’s Covestro for about $13 billion, marking the biggest deal ever for ADNOC as it moves to transform itself from a crude producer ...
Press Releases - ADNOC
WEBSep 4, 2024 — ADNOC Group (ADNOC), one of the world’s leading oil and gas companies, today unveiled its new brand aligned with a new strategic focus to ensure that it continues to be a competitive organization that is fit for the future.
Adnoc to Buy Covestro for €12 Billion in Its Biggest Deal
WEB4 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.
UAE: Adnoc to buy German chemicals company Covestro for …
WEB4 days ago — Stay up to date with the latest news. Follow KT on WhatsApp Channels. Adnoc added it would also buy 1.17 billion euros worth of new shares in Covestro, a former Bayer unit, from a capital increase ...
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...
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 holdings.
UAE energy group Adnoc to lift spending on decarbonisation …
WEBJan 22, 2024 — UAE state energy company Adnoc is to lift spending on decarbonisation projects, a month after its chair presided over the UN COP28 climate summit where countries agreed to transition away from...
Adnoc board approves $127bn spending plan as it unveils …
WEBDec 1, 2021 — Adnoc board approves $127bn spending plan as it unveils increase in hydrocarbon reserves. The state producer is set to drive more than $43.6bn back into the UAE economy through its in-country value programme. Sarmad Khan. December 01, 2021.