Adnoc enters ‘concrete negotiations’ with Covestro for €14.4bn buyout
AFTER more than a year of courting, the Abu Dhabi National Oil Company (Adnoc) has entered “concr...
News - Business
Britvic rejects £3.1bn bid from Carlsberg
UK DRINKS manufacturer Britvic has turned down a £3.1bn (US$3.9bn) takeover bid from Danish brewe...
TotalEnergies UK snaps up gas-fired power plant in £450m deal
TOTALENERGIES has struck a deal with US investment firm EIG to buy out all shares of its UK power...
Thyssenkrupp sells stake to Czech billionaire in green steel reprogramme
GERMAN engineering conglomerate Thyssenkrupp saw its share price rise more than 10% after announc...
BASF to exit Chinese venture following human rights abuse reports
BASF is accelerating its exit from two joint ventures in China following allegations that its par...
Xampla and 2M awarded Innovate grant to scale up production of biodegradable materials
XAMPLA, a company specialising in natural, biodegradable materials, has been awarded the Innovate...
Chesapeake set to become largest player in upstream US gas supply after acquiring Southwestern
AMERICAN exploration and production company Chesapeake has agreed to buy Southwestern Energy in a...
All-UK partnership to deliver landmark commercial scale direct lithium extraction plant
THREE companies from the north of England – Northern Lithium, Evove, and Sheers – have signed an ...
Shell to sell stake in German Schwedt refinery to UK's Prax Group
SHELL has agreed to sell its 37.5% stake in the PCK Schwedt oil refinery, one of the largest crud...
Harbour Energy agrees US$11.2bn deal for Wintershall Dea assets
UK OIL producer Harbour Energy has reached an agreement to acquire German rival Wintershall Dea f...
US Steel to be bought by Japan's Nippon in US$15bn deal
NIPPON, the fourth-largest steelmaker in the world, has agreed to buy US Steel for US$14.9bn. The...
Amgen buys Horizon Therapeutics for US$27.8bn
US BIOTECH company Amgen has completed its US$27.8bn acquisition of Horizon Therapeutics after a ...
Chevron to buy Hess in US$53bn all-stock deal
AMERICAN oil giant Chevron is buying oil and gas producer Hess in an all-stock deal worth US$53bn...
Lanxess to cut 870 jobs amid German chemical industry downturn
GERMAN speciality chemicals group Lanxess plans to cut 870 jobs worldwide. The firm has blamed a ...
US awards US$7bn for seven hydrogen hubs to boost clean energy economy
THE BIDEN administration has announced that seven hydrogen hub proposals are to receive US$7bn in...
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