Bloomberg: Adnoc’s €12 Billion Covestro Deal Hit by EU Subsidy Probe

“We do not consider this a substantial risk to the deal, is no real surprise and reads similarly to the one about Etisalat,” Thomas Nienaber, a managing director at advisory firm MKP Advisors, said of the decision to probe the Adnoc-Covestro transaction. “No deal has been outright blocked yet under the FSR.”

Published by and image courtesy of Bloomberg