Moin, Watchlist ✅. The Saudis / Adnoc Group is conducting takeover talks. Exciting what comes out at the end.
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1Año
@Bronko385 No matter what the outcome. The share price currently corresponds to the takeover offer. If the talks are successful, the company will disappear from the stock market and be integrated into ADNOC. If the talks fail, the share price will plummet again. It would be better to put other plastics manufacturers on the watch list. It is no coincidence that Covestro and $BRKM5, two of the world's leading manufacturers, are to be bought.
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@Hannes_SK Wrong. The purchase offer was increased to 60€ and could be even higher
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1Año
@Benni-KryptoandStocks Then you must obviously work on the Covestro board to be able to confirm that. No one has confirmed this unofficial offer of €60/share, but I'm always open to insider knowledge so I can benefit from it. 👀
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@Hannes_SK The old offer of 55€ was rejected and now the Saudis have improved the offer to over 60€. That was the reason why Convestro have resumed the talks.
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1Año
@Benni-KryptoandStocks There is no official further offer. This has been circulated by "people familiar with the matter". 👀 No one will comment publicly because these talks enjoy political influence. 55€ is good, 57-60€ is probable. Everything greater >60€ is politics.
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@Hannes_SK I am curious to see what will happen and how long it will take until a decision is made.
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1Año
@Benni-KryptoandStocks When it became public, I wrote about it and have been following it ever since. https://getqu.in/Sh5aSz/ No matter how it turns out, I wish the gamblers the best, but German politics is once again allowing foreign investors to get their hands on key technologies and research funds. Absurd, ridiculous and hypocritical. There is nothing more that can be said in the direction of politics.
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