ADNOC nears remedies to address EU probe into Covestro purchase - Reuters

2 hours ago 1
Covestro buildings and plant, Antwerpen, Belgium

ClaudineVM

Abu Dhabi’s ADNOC is nearing remedies to address a European Union subsidy investigation into its EU14.7 billion ($17.2 billion) of Germany's Covestro (OTCPK:CVVTF).

The remedy will likely convert a 1.2 billion euro capital hike to a shareholder loan, according to a

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