In addition, the deal provides for the acquisition of NOVA Chemicals from Abu Dhabi's sovereign wealth fund Mubadala Investment Co. for $13.4 billion, including debt obligations. At the first stage of ...

via EU Antitrust Decision on ADNOC’s Covestro Acquisition Expected by May 12 Provided by SyndiGate Media Inc. ( Syndigate.info ...

ADNOC Distribution acquired a 50 percent stake in TEME, which operates over 240 fuel retail sites nationwide and has wholesale, aviation fuel, and lubricant blending operations. This acquisition ...

Abu Dhabi National Oil Company (ADNOC) has entered into an agreement to acquire ... Read also in our telegram channel "Mergers and acquisitions. AK&M».

Analysts are considering various suitors—including Shell, Chevron, and ADNOC—especially ... the next mega-merger deal in the oil industry. Speculation about a blockbuster acquisition involving ...

The company expects capital expenditure in 2025 of $350m-$550m and a free cash flow (excluding mergers and acquisitions) of $1.3bn-$1.6bn, while maintaining a conservative leverage target of up to ...

ADNOC Distribution is the largest fuel distributor in the U.A.E., with 532 service stations as of March 2024. It also operates 69 stations in Saudi Arabia and 245 stations in Egypt through the ...

ADNOC’s recent activities underscore its commitment to global expansion and diversification. The company has been actively involved in international deals, including mergers and acquisitions in ...