Covestro Agrees to €11.7 Billion Takeover Offer from ADNOC

Covestro AG, a leading German producer of high-quality polymer materials, has agreed to a takeover offer from Abu Dhabi National Oil Company (ADNOC). The offer, set at €62.00 per share, values Covestro at approximately €11.7 billion. This price represents a 54% premium over Covestro’s share value before any media speculation about the potential deal. The […]