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Abu Dhabi's ADNOC in almost $11 billion approach for Covestro

www.reuters.com Abu Dhabi's ADNOC in almost $11 billion approach for Covestro

Abu Dhabi National Oil Company (ADNOC) has approached German plastics and chemicals maker Covestro AG with a takeover proposal worth more than 10 billion euros ($10.9 billion), two people familiar with the matter said on Tuesday.

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