Brussels, Belgium, Nov 14, 2025 (AFP) - EU approves UAE oil giant's purchase of Germany's Covestro

NAMPA / AFP
2025-11-14
The European Commission on Friday greenlit the takeover of German chemical firm Covestro by UAE state oil giant ADNOC, after the Emirati firm promised steps to alleviate competition fears. The EU executive, which has been probing the 12-billion-euro ($14 billion) acquisition since August, said in a statement its "approval is conditional upon full compliance with the commitments offered by the parties." ec/ub/jh ...
Restricted content

Latest NAMPA photos

WINDHOEK, 13 November 2025 - Deputy Governor of the Bank of Namibia (BoN), Ebson Uanguta. (Photo by: Molly Weyulu) NAMPA

WINDHOEK, 13 November 2025 - Deputy Governor of the Bank of Namibia (BoN), Ebson Uanguta. (Photo by: Molly Weyulu) NAMPA

NAMPA
WINDHOEK, 13 November 2025 - Minister of Education, Innovation, Youth, Sport, Arts and Culture, Sanet Steenkamp. (Photo by: Molly Weyulu) NAMPA

WINDHOEK, 13 November 2025 - Minister of Education, Innovation, Youth, Sport, Arts and Culture, Sanet Steenkamp. (Photo by: Molly Weyulu) NAMPA

NAMPA
WINDHOEK, 13 November 2025 - Deputy Minister of Education, Innovation, Youth, Sport, Arts & Culture, Dino Ballotti. (Photo by: Molly Weyulu) NAMPA

WINDHOEK, 13 November 2025 - Deputy Minister of Education, Innovation, Youth, Sport, Arts & Culture, Dino Ballotti. (Photo by: Molly Weyulu) NAMPA

NAMPA
WINDHOEK, 13 November 2025 - Governor of the Bank of Namibia (BoN), Johannes !Gawaxab. (Photo by: Molly Weyulu) NAMPA

WINDHOEK, 13 November 2025 - Governor of the Bank of Namibia (BoN), Johannes !Gawaxab. (Photo by: Molly Weyulu) NAMPA

NAMPA
OTJOMBINDE - Electoral Commission of Namibia cleared up corruption allegations on recruitment in Otjombinde (Photo: Contributed)

OTJOMBINDE - Electoral Commission of Namibia cleared up corruption allegations on recruitment in Otjombinde (Photo: Contributed)

NAMPA
RUNDU, 12 November 2025 - Officials from the International University of Management and health officials from the Rundu State Hospital tour the hospital facilities. (Photo by: Sawi Hausiku) NAMPA

RUNDU, 12 November 2025 - Officials from the International University of Management and health officials from the Rundu State Hospital tour the hospital facilities. (Photo by: Sawi Hausiku) NAMPA

NAMPA
ONHINDA, 11 November 2025 - The NamPower Foundation on Tuesday handed over a three-classroom block at Titus Ndjaba Combined School, as well as a guardroom and school fence at Oluwaya Combined School in the Epembe constituency of the Ohangwena Region. (Photo by: Max Henrich) NAMPA

ONHINDA, 11 November 2025 - The NamPower Foundation on Tuesday handed over a three-classroom block at Titus Ndjaba Combined School, as well as a guardroom and school fence at Oluwaya Combined School in the Epembe constituency of the Ohangwena Region. (Photo by: Max Henrich) NAMPA

NAMPA
Ncamagoro, 11 November 2025 - Kavango West Governor Verna Sinimbo launched a region-wide fruit tree planting campaign and creative industries awareness programme in the Ncamagoro Constituency on Tuesday. (Photo: Contributed)

Ncamagoro, 11 November 2025 - Kavango West Governor Verna Sinimbo launched a region-wide fruit tree planting campaign and creative industries awareness programme in the Ncamagoro Constituency on Tuesday. (Photo: Contributed)

NAMPA