Covestro in Takeover Talks with ADNOC: A $67.57 Per Share Offer

Covestro has announced negotiations with suitor Abu Dhabi National Oil Co (ADNOC) regarding a takeover offer valued at 63 euros ($67.57) per share. This significant offer by the Emirates' energy company marks a potential major shift in the ownership structure of Covestro.

Covestro's said on Monday it would negotiate with suitor Abu Dhabi National Oil Co (ADNOC) based on a takeover offer of 63 euros ($67.57) per share by the Emirates' energy company.

($1 = 0.9324 euros)