ADNOC Set to Secure EU Green Light for Covestro Takeover: A New Era in Chemicals

Unknown Apr 02, 2026 1,950 Views

Abu Dhabi’s state oil giant ADNOC is poised to receive unconditional approval from EU antitrust regulators for its €14.7 billion ($16.6 billion) acquisition of German chemical giant Covestro, according to sources familiar with the matter. The landmark deal, ADNOC’s largest-ever,...