chemical industry

The takeover of Covestro by Adnoc would be the first full takeover of a DAX company by a state-owned company from the Gulf. Adnoc Chief Investment Officer Klaus Fröhlich discusses the deal with Börsen-Zeitung.

As Chairwoman of the General Works Council at Covestro, Petra Kronen has the interests of 17,500 employees in her sights. Given the never ending takeover talks with Adnoc, the workforce is feeling insecure.

New BASF CEO Markus Kamieth faces numerous challenges. He takes the helm in an economically difficult environment, which includes high energy costs in Germany.