Covestro AG (1COV.HA)
| Previous Close | 54.66 |
| Open | 54.38 |
| Bid | 54.54 x 0 |
| Ask | 54.58 x 0 |
| Day's Range | 54.38 - 54.38 |
| 52 Week Range | 46.25 - 54.64 |
| Volume | |
| Avg. Volume | 3 |
| Market Cap | N/A |
| Beta (5Y Monthly) | N/A |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings Date | N/A |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | N/A |
- Bloomberg
Covestro Enters Formal Talks With Adnoc on €12 Billion Deal
(Bloomberg) -- Covestro AG said it’s entering concrete negotiations with suitor Abu Dhabi National Oil Co. on a potential takeover that could value the German chemical company at about €11.7 billion ($12.5 billion). Most Read from BloombergHow Long Can High Rates Last? Bond Markets Say Maybe ForeverJain Global Raises $5.3 Billion, Secures Cash From Abu DhabiBuzzFeed Struggles to Sell Owner of Hit YouTube Show ‘Hot Ones’Nvidia Sales Grow So Fast That Wall Street Can’t Keep UpTech Hits Stocks as N
- Reuters
Covestro opens door to ADNOC deal after it raises bid to $12.5 billion
FRANKFURT (Reuters) -Germany's Covestro said on Monday it was stepping up talks with ADNOC after the Emirati energy company made an improved 11.7 billion euro ($12.5 billion) takeover bid following more than a year of pursuing the chemicals firm. Covestro, which makes plastics and chemicals for construction and engineering, said it was opening its books to ADNOC and believed the two sides could "generally reach a common understanding regarding core aspects of a possible transaction including support for Covestro's further growth strategy". Talks, which had previously been described as open-ended, will now be "concrete negotiations", with Covestro saying it will provide Abu Dhabi National Oil Co with due diligence information after it made a 62 euros per share offer.
- Simply Wall St.
Investors in Covestro (ETR:1COV) have seen returns of 28% over the past year
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