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Adnoc (XRG) completes merger with Covestro · Endata

◂ Announcements

Specialty Chemicalsworld trade 2024+2.3% 5Y CAGR

Nov 25, 2025ACQUISITIONLeverkusen, Germany, Germany

Adnoc (XRG) completes merger with Covestro

Covestro AG and Abu Dhabi state oil firm Adnoc (now XRG) received final approval from German regulators and closed the merger agreement. Covestro will retain its autonomy, board of management, and headquarters in Leverkusen, and will receive a €1.17 billion capital increase.

Status

Completed

Productsperformance materialsspecialty chemicals

CompaniesCovestro target ADNOC acquirer

Sectors#Specialty Chemicals

“This is an exciting new chapter for Covestro.”chemicalprocessing.com

1 source
chemicalprocessing.comCovestro, Adnoc Finalize Merger Agreement | Chemical ProcessingNov 25, 2025

Summarized from public sources; check the original articles before acting on it.

More from Covestro

Nov 5, 2026ACQUISITIONGermany$12.8B
ADNOC acquires majority stake in Covestro for €11.6B
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Nov 3, 2026EXPANSIONMeppen, Germanyops 3 Nov 2026
Covestro inaugurates new polyester resins production line in Meppen, Germany
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Nov 21, 2025ACQUISITIONLeverkusen, Germany, Germany$18.0B
Covestro and XRG receive final regulatory approval for strategic partnership
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Oct 7, 2025ACQUISITIONGermany$17.0B
XRG to acquire Covestro for $17 billion
Covestro target XRG acquirer thenationalnews.com
Sep 10, 2025ACQUISITIONGermany$17.2B
ADNOC adjusts acquisition offer for Covestro
Covestro target ADNOC acquirer forbesmiddleeast.com
Aug 20, 2025ACQUISITIONRayong, Thailand; Freeport, Texas, Thailand
Covestro to acquire Vencorex HDI derivative sites in Thailand and Texas
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