Covestro signs an Investment Agreement with Adnoc

Covestro today signed an Investment Agreement with certain entities of the Adnoc, including ADNOC International and its subsidiary, Adnoc International Germany Holding AG (“Bidder”). The agreement stipulates, among other items, that the Bidder will make a public takeover offer for all outstanding shares of Covestro at a price of €62.00 per share.