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Covestro, Abu Dhabi Oil In 'Concrete' Talks For $12.5B Deal

By Al Barbarino (June 24, 2024, 1:32 PM EDT) -- German chemicals group Covestro AG said Monday it is advancing its talks to potentially sell the business to the Abu Dhabi National Oil Co. after the United Arab Emirates' oil group upped its bid to more than €11.7 billion ($12.5 billion)....

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