Abu Dhabi state oil firm ADNOC is set to secure EU approval for its $17 billion bid for German chemicals company Covestro, with EU regulators likely to seek tweaks to remedies provided earlier this month, sources with direct knowledge of the matter said. The European Commission is examining the deal, ADNOC's biggest acquisition yet, and one of the largest foreign takeovers of an EU company by a Gulf state, over concerns that ADNOC may be using state subsidies to acquire the chemicals company. ADNOC reiterated previous comments about offering a package of robust and proportionate remedies to the Commission. The firm stated further that it was confident this would lead to the timely clearance of the deal.