on Covestro AG (isin : DE0006062144)
ADNOC International Announces Takeover Offer for Covestro AG
On October 1, 2024, ADNOC International Germany Holding AG announced its decision to make a voluntary public takeover offer for Covestro AG. This offer is governed by the German Securities Acquisition and Takeover Act (WpÜG). The bidder intends to acquire all non-par value bearer shares of Covestro AG, each valued at EUR 62.00.
ADNOC is a wholly-owned subsidiary of ADNOC International Limited. The offer document, detailing the terms and conditions, will be published online following approval from the German Federal Financial Supervisory Authority.
Investors and shareholders are advised to review the offer document upon its release. The takeover offer will comply with German and certain U.S. securities laws, but not with regulations from other jurisdictions.
R. P.
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