Covestro AG (1COV) NPV
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Adnoc to buy Covestro in €11.7bn deal
1 October 2024 08:54
(Sharecast News) - Covestro shares sparked on Tuesday after the German chemicals firm agreed to be bought by Abu Dhabi's state-owned oil firm Adnoc for about €11.7bn.
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Abu Dhabi National Oil expected to make formal offer for Covestro
11 September 2024 10:18
(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...
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Germany's Covestro enters 'concrete' takeover talks with Adnoc
24 June 2024 11:22
(Sharecast News) - German chemicals firm Covestro said on Monday that it had agreed to enter into "concrete negotiations" Abu Dhabi National Oil Co based on a potential €62 per share starting...
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Covestro close to granting Adnoc in-depth due diligence - report
11 June 2024 12:15
(Sharecast News) - Covestro is reportedly close to granting Abu Dhabi National Oil Co. access to in-depth due diligence in expectation of an improved takeover bid, signalling fresh impetus for the talks...
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