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Adnoc discloses foreign investment, merger approvals for Covestro deal

( March 31, 2025, 08:00 GMT | Official Statement) -- MLex Summary: Abu Dhabi National Oil Company has received French foreign investment approval for its plan to buy German chemicals group Covestro, it said in a statement. Adnoc said it had already received competition approvals in Brazil, Canada, China, the Common Market for Eastern and Southern Africa (known as Comesa), India, Mexico, Morocco, South Africa, South Korea, Taiwan, Turkey, the UK and the US. It disclosed additional foreign investment clearances in Belgium, Canada, Italy, Spain and the UK. Statement follows....

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