takeover | Egypt Oil & Gas

ADNOC Makes $11B Offer to Takeover Covestro  

ADNOC has offered a proposal of almost $11 billion to takeover Covestro, the German plastics and chemicals maker, according to two persons familiar with the matter, Reuters reported.

ConocoPhillips in Negotiations to Make Bold Shale Move

American supermajor ConocoPhillips is in talks to acquire rival shale company, Concho Resources, in what represents a bold bet during a time when the industry is in a historically low period.

Total to Takeover East African Petroleum Assets

French Total will finalize the takeover of Gulf Africa Petroleum (Gapco) East Africa assets in December.

Apache Narrowly Escapes Takeover Bid

Oil and gas company Apache Corp has rejected a takeover approach from an unidentified party.

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