Keyword: Abu Dhabi National Oil Company (ADNOC)

News

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...

News

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...

News

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...

News

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...

News

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...

News

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...

News

Thyssenkrupp Uhde and ADNOC Sign Hydrogen Pact

23.01.2023 -

German multinational engineering group Thyssenkrupp and Abu Dhabi National Oil Company (ADNOC) have signed a memorandum of understanding (MoU) to explore a long-term...

News

ADNOC to Take a 24.9% Stake in OMV

06.01.2023 -

In a deal announced shortly before Christmas that only attracted significant attention in the new year, Abu Dhabi National Oil Company (ADNOC) said it is acquiring a 24.9...