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ADNOC's Santos bid draws parallels with protracted Covestro deal

Analyst warns the deal faces regulatory and political hurdles similar to Covestro.

Santos deal more than just about the money

Santos deal more than just about the money | Credits: Santos/XRG

A London-based analyst has cautioned that Abu Dhabi National Oil Company's (ADNOC) $30 billion tilt at Santos may echo the protracted turbulence of its parallel bid for German chemical giant Covestro....

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