BRUSSELS - EU regulators have paused their review of Abu Dhabi state oil giant ADNOC's 14.7 billion euro ($16.7 billion) ...

ADNOC’s €14.7 billion acquisition of Covestro is one of the largest investments by a Middle Eastern firm in a German DAX-listed company, marking a trend of increasing cross-border investment.

XRG, the international investment arm of Abu Dhabi National Oil Company (ADNOC), is aiming to have a gas and LNG business ...

XRG, the low-carbon energy and chemicals investment arm of Abu Dhabi National Oil Company (Adnoc), has launched a five-year business strategy aimed at transforming it into a global energy investor.

Board approves five-year business plan to scale international gas, chemicals, and energy solutions to meet growing demand, ...

Following negotiations that lasted more than a year, Abu Dhabi National Oil Company (ADNOC) has agreed to acquire the German plastics producer Covestro for $16.3 billion. Covestro recorded sales ...

Recent approval from the European Union for a takeover of Germany-based Covestro accelerates Adnoc’s journey towards building ...

The takeover will value the German company at €62 per share and hinges on the Abu Dhabi oil producer receiving at least 50% plus one share in its tender offer, Adnoc and Covestro said.

ADNOC to pay 62 euros per Covestro share, take on 3 bln in debt To buy additional 1.2 bln euros worth of new shares in Covestro Covestro shares jump 3.7% to a three-year high Deal could fuel ...

Abu Dhabi National Oil Co., or Adnoc, agreed Tuesday to the tie-up ... job protections for Covestro employees and other matters.

The situation is that ADNOC is considering a possible takeover of Covestro. There has been back and forth about price and the latest is that a possible price that could be agreed upon is 62 EUR ...

Covestro is a leading specialty chemicals producer in Germany, facing challenges due to declining commodity prices and high energy costs. The company is in talks with ADNOC for a potential ...