XRG secures 91.3% of Covestro via takeover offer

XRG (formerly ADNOC International) announced that its voluntary public takeover offer for Covestro AG achieved a final acceptance rate of 91.32% of shares. The transaction is subject to regulatory clearances and expected to close in the second half of 2025.

“We are delighted that our offer for Covestro was accepted by the overwhelming majority of shareholders.”eqs-news.com

• 2 sources
• eqs-news.comXRG Secures 91.3% of Covestro via Voluntary Takeover Offer | Corporate - EQS NewsDec 19, 2024
• chemanager-online.comCovestro-Aktionäre stimmen Übernahme durch ADNOC zu • CHEManager ist das marktführende Medium für das Management der Chemie- und PharmaindustrieDec 19, 2024

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