Adnoc attacks EU probe delays, puts deal in question
By Nicholas Hirst ( September 4, 2025, 12:14 GMT | Insight) -- The Abu Dhabi National Oil Company has lashed out at an EU foreign-subsidy probe into its takeover of struggling German chemical company Covestro, saying red-tape and delays could scupper the deal. The European Commission said it was waiting to receive "material" information from the oil and gas giant.*The Abu Dhabi National Oil Company has lashed out at an EU foreign-subsidy probe into its takeover of struggling German chemical company Covestro, saying red-tape and delays could scupper the deal. ...
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