Urethane Blog

ADNOC and Covestro Update

December 2, 2024

ADNOC says Covestro shareholders accept takeover offer

Staff are seen at the Panorama Digital Command Centre at the ADNOC headquarters in Abu Dhabi, UAE May 12, 2018.Satish Kumar Satish Kumar , Reuters Images
Staff are seen at the Panorama Digital Command Centre at the ADNOC headquarters in Abu Dhabi, UAE May 12, 2018.Satish Kumar Satish Kumar
Reuters Images

ADNOC said the additional acceptance period would start on Tuesday, allowing Covestro shareholders to accept the offer until Dec. 16.

It said the transaction is expected to close in the second half of 2025.

Bartosz Dabrowski, Reuters News

December 2, 2024

https://www.zawya.com/en/business/m-a/adnoc-says-covestro-shareholders-accept-takeover-offer-dn82ndyq

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