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Adnoc slams EU regulators for 'invasive' Covestro probe demands

Summary by AGBI
Abu Dhabi state oil giant Adnoc on Thursday slammed EU antitrust regulators for what it said are disproportionate and invasive requests for information in their subsidy investigation into its 14.7 billion euro ($17 billion) bid for Germany’s Covestro. It warned such regulatory demands may even jeopardise the acquisition. The criticism came after the European Commission, which acts as the EU competition watchdog, said on Wednesday it had temporar…
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AGBI broke the news in on Friday, September 5, 2025.
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