EU greenlights Adnoc’s $16 billion-plus acquisition of German giant Covestro

Acquisition part of Adnoc's drive to diversify international portfolio

Sultan Ahmed Al Jaber, the chief executive of Adnoc and the executive chairman of XRG.
Sultan Ahmed Al Jaber, the chief executive of Adnoc and the executive chairman of XRG.Photo: ADNOC
Published 14 May 2025, 09:32Updated 14 May 2025, 09:32
ADNOCXRGCovestroEuropean UnionAbu Dhabi