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ADNOC Offers Concessions in Bid to Resolve E.U. Probe of $14B Covestro Deal (CVVTF:OTCMKTS)

Abu Dhabi's state oil group ADNOC said it offered concessions to the European Union's competition regulator in a bid to end a probe of the company’s €12 billion takeover offer for Covestro.

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ADNOC offers concessions in bid to resolve E.U. probe of $14B Covestro deal (CVVTF:OTCMKTS)

Abu Dhabi's state oil group ADNOC said it offered concessions to the European Union's competition regulator in a bid to end a probe of the company’s €12 billion takeover offer for Covestro.

14 hours ago·United States

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Bloomberg

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Financial Post

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Adnoc Offers EU Remedies in €12 Billion Covestro Deal Probe

Abu Dhabi National Oil Co. has offered a slate of concessions to address European Union concerns over its €12 billion ($14 billion) takeover of Covestro AG.

22 hours ago·United States

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Rigzone

Adnoc Offers EU Remedies in $14B Covestro Deal Probe

The European Commission confirmed it received remedies.

8 hours ago

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Zawya

Robust remedies should secure EU okay for $17bln Covestro deal, ADNOC says

The European Commission is now examining the deal

15 hours ago

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Globo

Adnoc Offers Remedies to Close Eu Research on the Purchase of Covestro

Adnoc announced the offer last year, evaluating Covestro at around EUR 11.7 billion in a movement that would position the company as a more integrated energy group

17 hours ago·Brazil

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