ADNOC's €14.7B Game-Changer Deal!

Abu Dhabi's state-owned ADNOC is set to acquire German chemicals firm Covestro for €14.7 billion ($16.4 billion). This deal aligns with ADNOC's strategy to become a top-five global chemicals player. Covestro’s expertise in specialty chemicals and advanced technologies like AI makes this acquisition key for ADNOC’s international growth. The deal also includes a €1.17 billion investment in new shares to support Covestro’s expansion. Covestro’s CEO called the deal 'unprecedented' and a major milestone for both companies.
Unlock exclusive benefits and resources by checking out my affiliations! Visit the links in the description to discover trusted tools and services that can help elevate your business journey. Don’t miss out – click now to explore and take advantage of special offers just for you!
trading view: https://it.tradingview.com/?aff_id=140946
cashback forex: https://www.cashbackforex.com#23015
revolut: https://www.revolut.com/referral/?referral-code=robertpus!JUL1-24-AR-L1
mql5: https://www.mql5.com/en/signals/widget/signal/6y10
darwinexzero: https://www.darwinexzero.com?fpr=n2jqt

#ADNOC, #Covestro, #Acquisition, #ChemicalsIndustry, #BusinessNews, #GlobalEconomy, #Investments, #AI, #Technology, #InternationalBusiness, #MergersAndAcquisitions, #Finance, #Economy, #MiddleEast, #Germany, #CorporateStrategy, #Growth, #Sustainability, #Innovation, #WealthyBusiness