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Covestro, European Union and ADNOC

ADNOC's Covestro deal in EU crosshairs over subsidies

Abu Dhabi state oil giant ADNOC's 14.7 billion euro ($17.2 billion) bid for German chemicals company Covestro may face hurdles after EU antitrust regulators opened an investigation on Monday into potential distortions caused by foreign subsidies.

· 19h · on MSN

EU Launches Investigation Into Adnoc’s $13.7 Billion Acquisition of Covestro

Arabian Business · 6m

European Commission to investigate ADNOC’s acquisition of Covestro

13hon MSN

Revolutionary New Tech Promises to Address EV Battery Fire Risks

Worried about EV battery fires? Discover the revolutionary new foam that promises to drastically reduce risks and make ...

Free Malaysia Today on MSN22h

EU probes UAE oil giant’s purchase of Germany’s Covestro

Plastics maker Covestro accepted a bid – valuing the company at €12 billion – from the Abu Dhabi National Oil Company in ...

Reuters1y

Covestro investors press company to enter talks with ADNOC

Germany's Covestro should engage in formal takeover talks with Abu Dhabi National Oil Co (ADNOC) in the interest of its shareholders, two top-15 investors of the plastics and chemicals maker told ...

Wall Street Journal1y

Covestro Sees Guidance at Lower End of Ranges - WSJ

Covestro said it expects earnings for 2023 to be at the lower end of its previously indicated guidance range, citing a challenging environment that weighed on its third-quarter results.

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