ADNOC Prepares Remedies to Address EU Subsidy Probe into Covestro Takeover
Abu Dhabi National Oil Company (ADNOC) is finalising proposed remedies aimed at…
Covestro’s 10% Drop: Merger Arbitrage Opportunity or Value Trap?
Covestro is in the middle of a takeover by ADNOC, but the…
Covestro Falls 9% After ADNOC Blasts EU’s “Disproportionate” Demands
Abu Dhabi National Oil Company (ADNOC) has sharply criticized the European Commission…
UAE, M&A and EBITDA: Lessons From EU’s Foreign Subsidies Regulation
When the European Commission launched its Foreign Subsidies Regulation (FSR) in 2023,…
When Capital Injections Raise Regulatory Red Flags
A capital increase is when a company issues new shares to raise…
European Commission’s Problem with Numbers and Transparency
The European Commission is one of the world’s leading antitrust authorities, with…
Why Brussels Is Looking at EBITDA to Police Subsidies
This profitability metric can play an important role under the Foreign Subsidies…
How ADNOC’s Capital Injection Changes Covestro’s Financial Metrics— And Why It Matters
Covestro is getting a much-needed capital boost. As part of its planned…
EU Commission Probes ADNOC’s Planned Acquisition of Covestro Over Foreign Subsidy Concerns
The European Commission has opened an in-depth investigation into the proposed acquisition…
ADNOC Notifies EU of Covestro Takeover: Regulatory Review
ADNOC International Germany Holding AG, a 100% indirect subsidiary of XRG Public…
