Reported 4 months ago
Former Morgan Stanley banker Klaus Froehlich, now Chief Investment Officer at Abu Dhabi National Oil Co. (Adnoc), assures that the company's dealmaking momentum remains strong despite recent stalled transactions. Adnoc, under the leadership of CEO Sultan Al Jaber, continues to pursue an ambitious international expansion plan with recent acquisitions in the US and Mozambique, as well as ongoing talks with companies like Covestro and Borealis. Froehlich emphasizes Adnoc's focus on disciplined value and strategic growth across sectors like gas, LNG, chemicals, and renewables.
Source: YAHOO