Previous close | 54.82 |
Open | 54.92 |
Bid | 0.00 x N/A |
Ask | 55.30 x N/A |
Day's range | 54.90 - 54.98 |
52-week range | 46.14 - 54.98 |
Volume | |
Avg. volume | 33 |
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 | N/A |
(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
(Bloomberg) -- Covestro AG said it’s entering concrete negotiations with suitor Abu Dhabi National Oil Co. on a potential takeover that could value the German chemical company at about €11.7 billion ($12.5 billion). Most Read from BloombergHow Long Can High Rates Last? Bond Markets Say Maybe ForeverJain Global Raises $5.3 Billion, Secures Cash From Abu DhabiBuzzFeed Struggles to Sell Owner of Hit YouTube Show ‘Hot Ones’Nvidia Sales Grow So Fast That Wall Street Can’t Keep UpTech Hits Stocks as N
Chemical maker Covestro said Monday that it entered "concrete negotiations" with Emirati national energy firm ADNOC after the German group received a takeover offer worth nearly 12 billion euros ($12.8 billion).It said the "starting point" for talks was a "possible offer price" of 62 euros per share from ADNOC. This would value Covestro at 11.72 billion euros, according to an AFP calculation.