Heavy! Oil giant ADNOC offers to acquire Covestro!
Abu Dhabi National Oil Company (ADNOC) has made a preliminary bid for German chemicals producer Covestro AG, according to people familiar with the matter. The state-backed energy company has made initial contacts with Covestro officials in Le Kusen to express its interest in a deal. Covestro shares have risen about 7 percent this year, giving…
Heavy! Oil giant ADNOC offers to acquire Covestro!
According to informed sources, the Abu Dhabi National Oil Company (ADNOC) has sent German Chemicals producer Covestro AG has made a preliminary takeover offer. The state-backed energy company has partnered with Covestro in Lekusen Officials from the company made initial contacts expressing their interest in a deal. Covestro shares have risen about 7 percent this…
