Covestro AG

Covestro’s ADNOC takeover fuels a direct‑coating push, promising higher margins, global reach, and stronger governance for advanced polymer growth.

Covestro AG’s takeover by XRG, ADNOC’s investment arm, is complete: 95% ownership, new board head, and a strategy shift toward CO₂‑neutral polymers and Chinese markets.

Covestro’s ADNOC takeover ends its public trading, but offers future sustainability gains as the oil giant’s capital boost fuels the German chemical group’s shift to low‑carbon plastics and global expansion.

Covestro’s regulatory clearance clears the way for ADNOC’s €11.7 billion takeover, boosting Covestro’s stock and expanding ADNOC’s high‑performance polymer reach.

Covestro’s Q3 loss and price pressure signal a deeper structural crisis for the polymer maker, raising doubts over its future strategy and share value.

Covestro AG is navigating a complex landscape of stakeholder actions, market trends, and regulatory scrutiny, including a major acquisition attempt by Abu Dhabi National Oil Company and shifting ownership stakes from JPMorgan Chase.

Covestro AG’s €14.7 billion acquisition by Abu Dhabi National Oil Company (ADNOC) is currently under review by the European Commission, with ADNOC preparing remedies to address EU concerns over potential subsidies and paving the way for a potentia…

Covestro AG navigates EU scrutiny and economic challenges as it awaits the outcome of its proposed acquisition by Adnoc and works to maintain its competitive edge in the global chemicals industry.

The European Union has launched an investigation into Adnoc’s planned acquisition of Covestro AG, citing concerns over potential foreign subsidies that could distort competition in the EU market.

Covestro AG expands its laboratory in Shanghai to strengthen its presence in the rapidly growing Asian market for printed electronics.