Abu Dhabi state oil giant ADNOC on Thursday slammed EU antitrust regulators for what it said are disproportionate and invasive requests for information in their subsidy investigation into its 14.7 billion euro ($17 billion) bid for Germany's Covestro.
EU antitrust regulators are set to pause their investigation into Abu Dhabi state oil giant ADNOC's 14.7-billion-euro ($17.2 billion) bid for German chemicals company Covestro , a person with direct knowledge of the matter said on Wednesday.
Covestro AG (OTCPK:CVVTF) Q2 2025 Earnings Conference Call July 31, 2025 9:00 AM ET Company Participants Carsten Intveen - Investor Relations Director Christian Baier - CFO & Member of Management Board Markus Steilemann - CEO & Chairman of Management Board Ronald Koehler - Head of Investor Relations & Corporate Controlling Conference Call Participants Chris Counihan - Jefferies LLC, Research Di...
Abu Dhabi state oil giant ADNOC's 14.7 billion euro ($17.15 billion) bid for German chemicals company Covestro may face hurdles after EU antitrust regulators opened an investigation on Monday into potential distortions caused by foreign subsidies.
Register for Free
StocksGuide is the ultimate tool for easily finding, analyzing and tracking stocks. Learn from successful investors and make informed investment decisions. We empower you to become a confident, independent investor.