Adnoc’s long hunt for Covestro should produce Europe’s biggest takeover of the year
Sheikh Mohammed bin Zayed al-Nahyan, President of the United Arab Emirates, found a request from Abu Dhabi’s national oil company Adnoc in his inbox last week. Could the team that bid for Covestro, one of Germany’s largest companies, show goodwill by sweetening the deal by €2 per share, or 3 percent? Sheikh Mohammed, also chairman … Read more