EU Conditionally Clears $13.7 Billion Adnoc-Covestro Deal
PositiveFinancial Markets

- The EU has conditionally cleared a $13.7 billion deal between Adnoc and Covestro, requiring Adnoc to share Covestro's sustainability patents with some competitors. This move aims to alleviate concerns regarding the deal's impact on the EU's internal market.
- This development is significant for Adnoc and Covestro as it allows them to proceed with a major transaction while demonstrating a commitment to sustainability and competitive fairness in the market.
- Although there are no directly related articles, the emphasis on patent sharing highlights a growing trend in corporate responsibility and regulatory compliance within the EU market.
— via World Pulse Now AI Editorial System

