Adnoc receives EU approval for €11.7B acquisition of Covestro

The European Commission granted unconditional approval for Abu Dhabi National Oil Co.'s €11.7 billion acquisition of German chemical manufacturer Covestro, clearing a major regulatory hurdle.

“The European Commission has granted unconditional approval for Abu Dhabi National Oil Co.'s (Adnoc) proposed €11.7 billion acquisition of German chemical manufacturer Covestro.”chemanalyst.com

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• chemanalyst.comAdnoc Secures EU Approval for €11.7 Billion Acquisition of CovestroWilliam FaulknerMay 16, 2025

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