EU approves ADNOC/Covestro under FSR with sustainability patent licensing remedy

EU approves ADNOC/Covestro under FSR with sustainability patent licensing remedy


EU approves ADNOC/Covestro under FSR with sustainability patent licensing remedy


Credit: Shutterstock.com/Piotr Swat

The European Commission has conditionally cleared Abu Dhabi National Oil Company’s proposed €14.7 billion takeover of German chemicals company Covestro after concluding a promise to share the tarobtain’s sustainability patents with competitors would “balance out” any harm to the internal market.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *