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ADNOC to acquire Covestro for about $15.9 billion, FT reports

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September 11, 2024
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ADNOC to acquire Covestro for about $15.9 billion, FT reports

(Reuters) – Abu Dhabi National Oil Company (ADNOC) is expected to make a formal offer to acquire Covestro for about 14.4 billion euros ($15.90 billion) including debt, the Financial Times reported on Wednesday.

($1 = 0.9059 euros)

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