...to be expected. ADNOC taking over Covestro.

Covestro Website:

ADNOC International Germany Holding AG makes a takeover offer at €62.00 per Covestro share 

The Investment Agreement defines key aspects of the strategic partnership, including clear commitments by ADNOC International to fully support the ‘Sustainable Future’ growth strategy and to maintain the established governance of Covestro 

With ADNOC International's support, Covestro gains an even stronger foundation for sustainable growth in highly attractive sectors 

In this context, ADNOC International Germany Holding AG shall subscribe to new Covestro shares at the offer price via a capital increase