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home / articles / COVTY - ADNOC Plans To Increase Takeover Proposal For Germany's Covestro: Report | Benzinga
Abu Dhabi National Oil Co. (ADNOC) reportedly plans to increase its preliminary takeover offer for Covestro AG (OTC: COVTY).
The Middle Eastern oil & gas giant aims to submit a fresh proposal of about €60 per share sooner, valuing Covestro at around €11.3 billion ($12.3 billion), reported Bloomberg.
ADNOC plans to offer concessions to pave the way for ...
| Company Name: | Covestro AG ADR |
| Stock Symbol: | COVTY |
| Market: | OTC |
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