Keyword: Abu Dhabi National Oil Company (ADNOC)


Covestro Agrees to Negotiations with ADNOC

11.09.2023 -

Following reports at the end of June that Abu Dhabi National Oil Company (ADNOC) was looking for takeover targets in Europe and was showing strong interest in Covestro in...


OMV and Abu Dhabi Plan to Merge Polyolefins Businesses

17.07.2023 -

Austrian energy group OMV has decided to pursue negotiations with Abu Dhabi National Oil Co (ADNOC) to merge their polyolefin businesses. News agency Bloomberg had...


Covestro Said to Reject ADNOC Buyout Offer

23.06.2023 -

German engineering plastics producer Covestro has rejected an initial takeover proposal from Abu Dhabi National Oil Co (ADNOC) as too low, the Bloomberg news agency...


Lanxess Warns on Earnings as Buyout Talk Circles Covestro

22.06.2023 -

Two former spinoffs from Bayer were competing for headlines on Jun. 19 and 20, as specialty chemicals company Lanxess issued a profit warning amid rumors that Middle East...


Braskem and Novonor Confirm Private Equity Bids

11.05.2023 -

Braskem and its controlling shareholder Novonor (formerly known as Odebrecht) have now confirmed a takeover offer from private equity investors Apollo and Abu Dhabi...


ADNOC Explores Ammonia Opportunities in Germany

30.03.2023 -

Abu Dhabi National Oil Company (ADNOC) has signed a Memorandum of Understanding (MoU) with the government of the German state of North Rhine-Westphalia and site services...


ADNOC Raises $2.5 Billion in Gas IPO

06.03.2023 -

Abu Dhabi National Oil Co (ADNOC) has netted $2.5 billion from the initial public offering of its subsidiary ADNOC Gas. The biggest-ever issue in Abu Dhabi, topping the...


Masdar and Austria’s Verbund in Green Hydrogen Collaboration

13.02.2023 -

Masdar, a clean energy company based in Abu Dhabi, and Austria’s leading energy utility Verbund have signed a Memorandum of Understanding (MoU) to develop pathways for...