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BAS BASF AG

47.34
-0.155 (-0.33%)
05 Jun 2024 - Closed
Realtime Data
Share Name Share Symbol Market Type
BASF AG TG:BAS Tradegate Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.155 -0.33% 47.34 47.235 47.43 47.70 47.075 47.60 108,345 22:50:04

Adnoc Weighs Acquisition of Wintershall, Bloomberg Reports

24/11/2023 8:17am

Dow Jones News


BASF (TG:BAS)
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From Jun 2023 to Jun 2024

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--Abu Dhabi National Oil Co. is considering a potential acquisition of Wintershall Dea, a German energy company majority-owned by chemicals giant BASF, in a deal that could value it at more than 10 billion euros ($10.91 billion), Bloomberg reports, citing unnamed sources.

--Abu Dhabi's state-owned energy company, also known as Adnoc, has been exploring a bid to boost its international presence, while smaller U.K. peer Harbour Energy is also among suitors looking at Wintershall, according to Bloomberg.

--Adnoc and Wintershall didn't immediately respond to requests for comment when contacted by Dow Jones Newswires. BASF and Harbour declined to comment.

 

Full story: https://shorturl.at/gjvz6

 

Write to Adria Calatayud at adria.calatayud@dowjones.com

 

(END) Dow Jones Newswires

November 24, 2023 03:02 ET (08:02 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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