UAE oil giant ADNOC swoops on German chemicals firm Covestro
German chemicals group Covestro said Tuesday it had accepted a takeover bid from UAE state energy company ADNOC, as one of the key sectors in Europes largest economy is gripped by crisis. - Chemicals crisis - ADNOCs bid for Covestro comes while the challenges facing the Germanys energy-intensive chemicals industry show no signs of abating.
Posted by Hicham ALAOUI RIZQ on 2024, Oct 01
Introduction
German chemicals group Covestro said Tuesday it had accepted a takeover bid from UAE state energy company ADNOC, as one of the key sectors in Europes largest economy is gripped by crisis. - Chemicals crisis - ADNOCs bid for Covestro comes while the challenges facing the Germanys energy-intensive chemicals industry show no signs of abating.
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Read more: UAE oil giant ADNOC swoops on German chemicals firm Covestro