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1COV — Covestro AG News Story

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Newscasts - BVTV: Abu Dhabi’s largest deal

Click the following link to watch video: https://share.newscasts.refinitiv.com/link?entryId=1_5rqwgbeo&referenceId=1_5rqwgbeo&pageId=Newscasts
Source: 'Reuters - Business videos'

Description: The UAE’s oil giant ADNOC agreed to buy German chemical group
Covestro for $16 bln including debt. It’s paying a big premium, retaining
management and injecting more capital. The purchase is a blueprint for Gulf
buyers looking at sensitive European assets, Karen Kwok argues.
Short Link: https://refini.tv/3ZQ8MpK

Video Transcript:

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