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By Ludwig Burger FRANKFURT (Reuters) - Covestro said on Wednesday that it is under no legal deadlines to come to a decision in talks with suitor Abu Dhabi National Oil Company (ADNOC) and that it...
Covestro, a leading polymer manufacturer, has reported a mixed financial performance for 2023, with a notable decline in sales and EBITDA amidst a challenging demand environment. CEO Markus Steilemann...
By Andrey Sychev and Ozan Ergenay (Reuters) -German chemicals maker Covestro said on Thursday it had decided not to pay annual dividends for a second successive year after 2023 core earnings fell by...
(Reuters) - Covestro expects additional surcharges for ocean transport following disruption to shipping in the Red Sea caused by attacks by Houthi militants in Yemen, the German chemicals maker told...
By Emma-Victoria Farr and Yousef Saba FRANKFURT/DUBAI (Reuters) - Covestro is in open-ended talks with Abu Dhabi National Oil Co (ADNOC), a spokesperson for the German plastics and chemicals maker...
By Emma-Victoria Farr FRANKFURT (Reuters) - Covestro's management should allow Abu Dhabi National Oil Co (ADNOC) access to conduct due diligence in its ongoing pursuit of the German chemicals firm,...
(Reuters) - The Abu Dhabi National Oil Co (ADNOC) is preparing to submit a fresh proposal of about 60 euros ($65.53) per share for Covestro AG, which could value the German plastics and chemicals...
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