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Adnoc to see EU’s FSR probe of Covestro deal suspended

By Nicholas Hirst and Lewis Crofts ( September 3, 2025, 10:21 GMT | Insight) -- The European Commission will pause its scrutiny of of Abu Dhabi National Oil Company’s 14.7 billion-euro takeover of German chemicals group Covestro, MLex has learned. The move comes after the European Commission and the United Arab Emirates oil- and gas-producer started exploring possible remedies to address the bloc’s initial concerns.The EU subsidy review of Abu Dhabi National Oil Company’s takeover of struggling German chemicals group Covestro is being suspended, MLex has learned. ...

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