Covestro said to hire Goldman Sachs; Adnoc appoints Morgan Stanley for EURO 12 billion deal talks, reveals Frankfurter Allgemeine

The Covestro takeover situation rumbles on and the latest twist comes courtesy of German rag (and website) Frankfurter Allgemeine.

According to the newspaper, German chemicals company Covestro has appointed bankers from Goldman Sachs to deal with the inbound takeover interest from the Abu Dhabi National Oil Company (Adnoc)...