Green Future Search Limited’s Post

📢 A pivotal moment in the #chemicalindustry as Covestro AG has confirmed a €11.7 billion #acquisition deal with ADNOC Group, highlighting a commitment to long-term strategic growth in #sustainableinnovation and the #circulareconomy. The Investment Agreement solidifies a long-term partnership, ensuring continuity in governance, operations, and strategic goals. 🤝 This Investment Agreement lays out that ADNOC will make a public takeover offer to all of Covestro's shareholders. Covestro expect the offer to shareholders to be made available within the next six weeks. 📈 With ADNOC's backing, Covestro is poised to strengthen its position in high-tech #specialtychemicals and #sustainable materials, driving innovation in the global market. Boards endorse the offer, signalling a promising future for Covestro under this strategic alliance. Green Future Search Limited ♻️ 🌏 #majoracquistion #chemicalindustry #circulareconomy