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ADNOC Could Raise Covestro Bid To $12.6 Billion

Abu Dhabi National Oil Co (ADNOC) has signaled a willingness to raise its informal offer to 60 euros per share for a valuation of $12.6 billion for German plastics and chemicals maker Covestro ....

Abu Dhabi , Joseph Chang , Alex Kimani , Big Oil , Energy Information Administration , Abu Dhabi National Oil Co , Energy Intelligence , Exxon Mobil Corp , Cologne Based Lanxness , New York Based , Wall Street , Exxon Mobil , Abu Dhabi ,

Covestro Second Quarter 2023 Earnings: Misses Expectations

Covestro ( ETR:1COV ) Second Quarter 2023 Results Key Financial Results Revenue: €3.72b (down 21% from 2Q 2022). Net. ....

Earnings Miss , Earnings Per Share , Revenue Growth , Ovestro Revenues ,

Covestro AG (OTCMKTS:COVTY) Sees Significant Increase in Short Interest

Covestro AG (OTCMKTS:COVTY – Get Free Report) saw a significant increase in short interest in July. As of July 15th, there was short interest totalling 4,700 shares, an increase of 2,250.0% from the June 30th total of 200 shares. Based on an average daily volume of 34,500 shares, the short-interest ratio is presently 0.1 days. […] ....

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Adnoc Is Said to Boost Covestro Takeover Bid to €11 Billion

(Bloomberg) Abu Dhabi National Oil Co. has increased its takeover offer for Covestro AG to about €11 billion ($12.4 billion) as it seeks to convince the German chemical producer to enter talks, people familiar with the matter said.Most Read from BloombergSingapore Passport Is World’s Most Powerful, Replacing JapanTesla Investor Rode a 14,800% Gain Thanks to 27-Year-Old AnalystMeet the Billionaire Who Convinced Messi to Pick MLS Over Saudi ArabiaMorgan Stanley Moves 200 Tech Experts From China ....

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