Adnoc €12bn Covestro Acquisition
Sector: Natural Gas • Location: Germany
Source: Gulf Times
Abu Dhabi National Oil Co (Adnoc) plans to acquire Covestro AG, a German company supplying materials for major phone and car manufacturers, in a €12 billion deal. The acquisition aims to expand Adnoc's presence in natural gas and chemicals, leveraging Covestro's intellectual property and market position.
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Status
Original status | planned |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
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Description
Description | Abu Dhabi National Oil Co (Adnoc) plans to acquire Covestro AG, a German company supplying materials for major phone and car manufacturers, in a €12 billion deal. The acquisition aims to expand Adnoc's presence in natural gas and chemicals, leveraging Covestro's intellectual property and market position. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
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Source
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Data quality score | 100% |
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URL | obfuscated_data,obfuscateddata.com |
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