{"id":2880,"date":"2024-12-10T15:09:25","date_gmt":"2024-12-10T16:09:25","guid":{"rendered":"http:\/\/sierrascreen.com\/?p=2880"},"modified":"2024-12-15T10:09:12","modified_gmt":"2024-12-15T10:09:12","slug":"adnoc-gets-cci-clearance-to-acquire-covestro-for-usd-16-4-billion","status":"publish","type":"post","link":"http:\/\/sierrascreen.com\/index.php\/2024\/12\/10\/adnoc-gets-cci-clearance-to-acquire-covestro-for-usd-16-4-billion\/","title":{"rendered":"ADNOC gets CCI clearance to acquire Covestro for USD 16.4 billion"},"content":{"rendered":"
India’s competition watchdog, CCI, has greenlit Abu Dhabi National Oil Company’s (ADNOC) substantial $16.4 billion acquisition of Covestro, a leading polymer materials producer. ADNOC plans a complete takeover of Covestro’s shares through a public offer, followed by a 10% capital increase. This significant deal marks ADNOC’s expansion into the chemical sector and strengthens its global presence. <\/p>\n","protected":false},"excerpt":{"rendered":"
India’s competition watchdog, CCI, has greenlit Abu Dhabi National Oil Company’s (ADNOC) substantial $16.4 billion acquisition of Covestro, a leading polymer materials producer. ADNOC plans a complete takeover of Covestro’s<\/p>\n