Covestro AG (1COV.DE)
| Previous close | 54.64 |
| Open | 54.68 |
| Bid | 55.04 x 12100 |
| Ask | 55.06 x 6800 |
| Day's range | 54.44 - 55.16 |
| 52-week range | 44.57 - 55.66 |
| Volume | |
| Avg. volume | 733,385 |
| Market cap | 10.373B |
| Beta (5Y monthly) | 1.18 |
| PE ratio (TTM) | N/A |
| EPS (TTM) | -1.10 |
| Earnings date | 30 Jul 2024 |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | 22 Apr 2022 |
| 1y target est | 57.40 |
BloombergGulf Oil Giant Adnoc With $150 Billion Turns Into Top Dealmaker
(Bloomberg) -- For years, Abu Dhabi’s main oil producer was known as a sleepy state company content to churn out crude from its vast oil fields. But that stodgy reputation is getting a dramatic makeover as it uses a $150 billion budget to become one of the world’s most active energy dealmakers.Most Read from BloombergBiden’s Disastrous Debate Accelerates Doubts Over CandidacyDemocrats Question Replacing Biden: Here’s How It Could WorkBiden Struggles as He Spars With Trump on Economy: Debate Take
ReutersCovestro opens door to ADNOC deal after it raises bid to $12.5 billion
FRANKFURT (Reuters) -Germany's Covestro said on Monday it was stepping up talks with ADNOC after the Emirati energy company made an improved 11.7 billion euro ($12.5 billion) takeover bid following more than a year of pursuing the chemicals firm. Covestro, which makes plastics and chemicals for construction and engineering, said it was opening its books to ADNOC and believed the two sides could "generally reach a common understanding regarding core aspects of a possible transaction including support for Covestro's further growth strategy". Talks, which had previously been described as open-ended, will now be "concrete negotiations", with Covestro saying it will provide Abu Dhabi National Oil Co with due diligence information after it made a 62 euros per share offer.
Simply Wall St.Investors in Covestro (ETR:1COV) have seen returns of 28% over the past year
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