Adnoc gets the all-clear from EU antitrust regulators for Covestro takeover
The European Commission said the transaction poses no competition concerns
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The European Commission said the transaction poses no competition concerns
XRG acquired approximately 91.3% of Covestro's total outstanding shares
Plus: Response Plus + Deyaar plan expansions
Plus: UAE issuers raised the most bonds in 3Q 2024 out of GCC countries
The voluntary public takeover period ends on 27 November
Talks for the transaction have been ongoing for over a year
The takeover bid is still pending approval from Adnoc’s executives
The two companies have been
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