<h1>ADNOC Gains Approval to Acquire 100% of Covestro AG in All-Cash Offer, Plans Capital Increase for New Shares.</h1> The Competition Commission of India has approved the acquisition of Covestro AG by the Abu Dhabi National Oil Company (ADNOC). The transaction involves ADNOC acquiring up to 100% of Covestro's share capital through an all-cash public takeover offer. Additionally, ADNOC Germany will subscribe to 18.9 million new shares in Covestro, representing 10% of its current share capital, via a capital increase. ADNOC is a comprehensive energy and petrochemicals group, while Covestro specializes in high-performance polymer materials and solutions. A detailed order from the Commission is forthcoming.