Posts tagged: Handelsblatt

Betaville Intelligence

UNCOOKED ALERT: Covestro AG said to ... - Part 2

Friday, 2 February 2024, 4:57 pm

Loyal readers might recall little old Betaville published an UNCOOKED Alert a few weeks ago about how Covestro's sale talks with the Abu Dhabi National Oil Corporation weren't going that well.

That resulted in little old Betaville getting it in the neck from a variety of quarters and some of it was in rather foul language...

Read more...

Covestro holding out for EURO 70 a share from Adnoc, claims Handelsblatt

Wednesday, 23 August 2023, 3:46 pm

Adnoc's EURO 11 billion plus tilt at German chemicals company Covestro is starting to feel a lot like the big ticket summer football (soccer) player transfers you read about on the back pages of newspapers.

According to German rag Handelsblatt, Covestro's board is now holding out for a formal offer of EURO 70 a share before it's willing to enter into official negotations with the Abu Dhabi-based oil group...

Read more...