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-1.17 (-3.38%)
At Close: Jun 22, 2026
Abu Dhabi's ADNOC to acquire German chemicals firm Covestro for $16.4 billion
03:46am, Tuesday, 01'st Oct 2024
Abu Dhabi's state oil firm ADNOC announced it will buy German firm Covestro in a 14.7 billion-euro deal ($16.4 billion).
Abu Dhabi's ADNOC to buy German chemicals company Covestro for $16.4 bln
02:58am, Tuesday, 01'st Oct 2024
Abu Dhabi state oil giant ADNOC said on Tuesday that it has agreed to buy German chemicals producer Covestro for 14.7 billion euros ($16.4 billion).
UAE's Adnoc nears $13 billion deal to buy Germany's Covestro, WSJ reports
01:52pm, Monday, 30'th Sep 2024
United Arab Emirates's Abu Dhabi National Oil Co is likely to announce a $13 billion-plus deal for Germany's Covestro as soon as this week unless an unexpected snag emerges, the Wall Street Journal re
UAE's Adnoc Nears $13 Billion Deal to Buy Germany's Covestro
01:36pm, Monday, 30'th Sep 2024
The tie-up dovetails with the Middle Eastern energy company's push into chemical production
Abu Dhabi plans $15.9 billion offer for German chemicals giant Covestro: report
04:34am, Wednesday, 11'th Sep 2024
Abu Dhabi National Oil Company is expected to make an offer to buy the Bayer spinoff in what would mark the largest cash transaction in the history of the chemicals industry
ADNOC to acquire Covestro for about $15.9 bln, FT reports
12:24am, Wednesday, 11'th Sep 2024
Abu Dhabi National Oil Company (ADNOC) is expected to make a formal offer to acquire Covestro for about 14.4 billion euros ($15.90 billion) including debt, the Financial Times reported on Wednesday.
ADNOC finalising due diligence on Covestro, sources say
09:11am, Wednesday, 28'th Aug 2024
Abu Dhabi National Oil Company (ADNOC) is finalising due diligence for a takeover of Covestro in a deal that could reach 11.7 billion euros ($13 billion), two sources familiar with the matter told Reu
Covestro (COVTY), Carlisle Tie Up for Sustainable Construction
06:55am, Tuesday, 20'th Aug 2024
Covestro (COVTY) operates ISCC PLUS-certified facilities in every major global market, including its manufacturing location in Baytown.
Covestro: Possible Value On The Table For ADNOC
09:28am, Monday, 12'th Aug 2024
ADNOC is going through a due diligence process that could result in them committing to buying Covestro. There is a deal spread that speculators could make. Performance is pressured by deflation in bas
Covestro CEO: Doesn't expect a rebound in the economy for the remainder of the year
10:30pm, Tuesday, 30'th Jul 2024
Markus Steilemann, CEO of Covestro, says the company is "well prepared" despite expecting economic conditions to remain challenging for the remainder of the year.
Covestro Enters Formal Talks With Adnoc
03:27am, Tuesday, 25'th Jun 2024
Covestro AG said it's entering concrete negotiations with suitor Abu Dhabi National Oil Co. on a potential takeover that could value the German chemical company at about €11.7 billion ($12.5 bill
Covestro to negotiate with ADNOC based on 62 eur/shr takeover offer
06:02am, Monday, 24'th Jun 2024
Covestro said on Monday that it had agreed to negotiate with suitor Abu Dhabi National Oil Co (ADNOC) based on a takeover offer of 62 euros ($66.5) per share, after months of courtship by the Emirates
Is Covestro (COVTY) a Great Value Stock Right Now?
10:46am, Monday, 13'th May 2024
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest
Covestro AG (CVVTF) Q1 2024 Earnings Call Transcript
03:23pm, Tuesday, 30'th Apr 2024
Covestro AG (OTCPK:CVVTF) Q1 2024 Earnings Conference Call April 30, 2024 10:00 AM ET Company Participants Ronald Koehler - Head-Investor Relations Markus Steilemann - Chief Executive Officer Christia
New Strong Sell Stocks for March 5th
07:36am, Tuesday, 05'th Mar 2024
BASFY, BXMT and COVTY have been added to the Zacks Rank #5 (Strong Sell) List on March 5, 2023.
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