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Adnoc’s Covestro Deal Gets Boost as EU Remedies Loom

Markets

Samuel Stolton, Anthony Di Paola, Dinesh Nair

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September 24, 2025

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Bloomberg

Abu Dhabi National Oil Co.’s nearly €12 billion ($14.1 billion) takeover of Covestro AG is edging closer to European Union approval after talks with regulators paved the way for a package of commitments to be submitted as soon as next week, according to people familiar with the matter.

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