Adnoc Denies Hedge Funds the Neat German M&A Trade With Covestro Bid
The first question at the beginning of any German takeover is what the ending looks like. Buying a Frankfurt-listed company ...
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ADX sees $724 million in key trades involving ADNOC Gas and Modon
The Abu Dhabi Securities Exchange (ADX) recorded a significant surge in trading activity, logging 15 large deals worth AED 2.66 billion ($724 million) involving ADNOC Gas and Modon properties. These ...
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UAE’s Oil Giant ADNOC to Buy Chemicals Firm Covestro in $16-Billion Deal
Following a year of negotiations, Abu Dhabi’s oil company ADNOC has agreed to buy Germany’s chemicals giant Covestro in a ...
Covestro Enters Investment Agreement With ADNOC; Supports Public Takeover Offer
Covestro AG has signed with entities of ADNOC Group an Investment Agreement with a term until end of 2028. The Agreement stipulates ...
ADNOC’s still on the hunt after $13 billion acquisition
The UAE’s national oil company agreed to buy Germany’s Covestro for about $13 billion, marking the biggest deal ever for ...
Adnoc’s cash has good chemistry with struggling German industry
That is one way to read Abu Dhabi National Oil Company’s €14.7bn swoop on Germany’s Covestro. The chemicals group, which was spun out of Bayer in 2015, has recommended the offer after a protracted ...
SLB Teams Up With ADNOC Drilling Co., Patterson-UTI To Create JV In UAE
(RTTNews) - Schlumberger Ltd. (SLB), Monday announced an agreement with Abu Dhabi-based ADNOC Drilling Co., and Texas-based Patterson-UTI to create Turnwell Industries LLC OPC to accelerate UAE's ...
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ADNOC Drilling forms JV to accelerate unconventional oil and gas development
ADNOC Drilling, a subsidiary of Abu Dhabi National Oil Company (ADNOC), has established a JV named Turnwell with SLB and ...