Covestro rises after report ADNOC nears offer announcement
01/10/2024 07:21
** Shares in Covestro 1COV.DE rise around 3% in early
Frankfurt trade after a media report of an imminent Abu Dhabi
National Oil Company's (ADNOC) offer for the German chemicals
firm
** Wall Street Journal reported on Monday, citing people
familiar with the matter, that ADNOC's a $13 billion-plus deal
could come as soon as this week
** Covestro tops Germany's blue-chip index .GDAXI
(Reporting by Tristan Veyet)
((Tristan.chabba@thomsonreuters.com))