(Bloomberg) Abu Dhabi National Oil Co. is exploring a potential takeover of European chemical producer OCI NV, the latest push by the Middle Eastern energy giant to expand beyond crude, people familiar with the matter said. Most Read from BloombergCitigroup Offers Partial Early Bonuses to Encourage Staff DeparturesElon Musk Is Planning a New University in AustinWall Street Traders Go All-In on Great Monetary Pivot of 2024JPMorgan Is in a Fight Over Its Client’s Lost $50 Million FortuneOwner o
Adnoc Weighs Takeover of $5 Billion Chemical Producer OCI bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
Many laggards are takeover proof because they are seen as vital to national interest or because block holders such as family foundations or estates obstruct change.