Covestro AG Sponsored ADR logo

Covestro AG Sponsored ADR (COVTY)

Market Closed
10 Aug, 20:00
OTC PINK OTC PINK
$
34. 17
-0.4
-1.1571%
$
14.27B Market Cap
- P/E Ratio
6.26% Div Yield
42 Volume
- Eps
$ 34.57
Previous Close
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Day Range
34.16 34.17
Year Range
31.62 36.6
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Covestro price target lowered to EUR 60 from EUR 61 at Berenberg

Covestro price target lowered to EUR 60 from EUR 61 at Berenberg

Berenberg analyst Sebastian Bray lowered the firm's price target on Covestro to EUR 60 from EUR 61 and keeps a Hold rating on the shares.

Thefly | 1 year ago
Covestro AG (CVVTF) Q3 2024 Earnings Call Transcript

Covestro AG (CVVTF) Q3 2024 Earnings Call Transcript

Covestro AG (OTCPK:CVVTF) Q3 2024 Results Conference Call October 29, 2024 9:00 AM ET Company Participants Ronald Koehler - Head of Investor Relations Christian Baier - CFO & Member of Management Board Carsten Intveen - Investor Relations Director Conference Call Participants Christian Faitz - Kepler Cheuvreux Geoff Haire - UBS Chetan Udeshi - JPMorgan Ronald Koehler Welcome to the Covestro Earnings Call on the Q3 Results. The company today is represented by Christian Baier, CFO.

Seekingalpha | 1 year ago
ADNOC starts acceptance period for Covestro takeover offer

ADNOC starts acceptance period for Covestro takeover offer

Abu Dhabi's ADNOC said on Friday that the acceptance period for its voluntary public takeover offer for German chemicals maker Covestro has started, with an end date of Nov. 27.

Reuters | 1 year ago
ADNOC and Covestro deal is 'unprecedented,' says Covestro CEO

ADNOC and Covestro deal is 'unprecedented,' says Covestro CEO

Markus Steilemann, CEO of Covestro, discusses the "unprecedented deal" between ADNOC and Covestro, and what this could mean for the future of the German chemicals industry.

Youtube | 1 year ago
Why Adnoc Agreed to Buy Covestro for €12 Billion

Why Adnoc Agreed to Buy Covestro for €12 Billion

Khaled Salmeen, head of Abu Dhabi National Oil Co.'s downstream division, discusses Adnoc's agreement to buy chemical producer Covestro AG for about €11.7 billion ($13 billion), in what's set to be the biggest Middle Eastern acquisition of a European firm. Sign up for the Middle East Briefing, a weekly look at what's happening in the region and where it's heading: Click Here -------- More on Bloomberg Television and Markets Like this video?

Youtube | 1 year ago
Abu Dhabi's ADNOC to acquire German chemicals firm Covestro for $16.4 billion

Abu Dhabi's ADNOC to acquire German chemicals firm Covestro for $16.4 billion

Abu Dhabi's state oil firm ADNOC announced it will buy German firm Covestro in a 14.7 billion-euro deal ($16.4 billion).

Cnbc | 1 year ago
Abu Dhabi's ADNOC to buy German chemicals company Covestro for $16.4 bln

Abu Dhabi's ADNOC to buy German chemicals company Covestro for $16.4 bln

Abu Dhabi state oil giant ADNOC said on Tuesday that it has agreed to buy German chemicals producer Covestro for 14.7 billion euros ($16.4 billion).

Reuters | 1 year ago
UAE's Adnoc nears $13 billion deal to buy Germany's Covestro, WSJ reports

UAE's Adnoc nears $13 billion deal to buy Germany's Covestro, WSJ reports

United Arab Emirates's Abu Dhabi National Oil Co is likely to announce a $13 billion-plus deal for Germany's Covestro as soon as this week unless an unexpected snag emerges, the Wall Street Journal reported on Monday, citing people familiar with the matter.

Reuters | 1 year ago
UAE's Adnoc Nears $13 Billion Deal to Buy Germany's Covestro

UAE's Adnoc Nears $13 Billion Deal to Buy Germany's Covestro

The tie-up dovetails with the Middle Eastern energy company's push into chemical production

Wsj | 1 year ago
Abu Dhabi plans $15.9 billion offer for German chemicals giant Covestro: report

Abu Dhabi plans $15.9 billion offer for German chemicals giant Covestro: report

Abu Dhabi National Oil Company is expected to make an offer to buy the Bayer spinoff in what would mark the largest cash transaction in the history of the chemicals industry

Marketwatch | 1 year ago
ADNOC to acquire Covestro for about $15.9 bln, FT reports

ADNOC to acquire Covestro for about $15.9 bln, FT reports

Abu Dhabi National Oil Company (ADNOC) is expected to make a formal offer to acquire Covestro for about 14.4 billion euros ($15.90 billion) including debt, the Financial Times reported on Wednesday.

Reuters | 1 year ago
ADNOC finalising due diligence on Covestro, sources say

ADNOC finalising due diligence on Covestro, sources say

Abu Dhabi National Oil Company (ADNOC) is finalising due diligence for a takeover of Covestro in a deal that could reach 11.7 billion euros ($13 billion), two sources familiar with the matter told Reuters on Wednesday.

Reuters | 1 year ago
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