Covestro

Announcements · 2

Sep 29, 2017ACQUISITIONGermany$1.19B
Bayer sells further 6.9% Covestro stake for EUR 1 billion, ceding control
Bayer sold a further 6.9 percent of Covestro shares for EUR 1 billion, reducing its direct stake to 24.6 percent and ending control via a control termination agreement effective September 30, 2017.
Covestro target Bayer partner #Specialty Chemicals #Plastics and Polymers bayer.com
Jul 5, 2017EXPANSIONDormagen, Germany$22.8M15 jobs
Covestro opens EUR 20 million multilayered flat film plant at Dormagen site
Covestro started operations at a new coextrusion plant for high-quality multilayered flat films at its Dormagen site in Germany. The investment is around EUR 20 million and creates 15 new jobs.
Covestro #Plastics and Polymers news.europawire.eu

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