And if Evonik proves too resistant, BASF need not abandon the hunt. Europe has no shortage of midsized chemicals companies, ...
Following the FT’s report of BASF’s proposal, Evonik confirmed it had received a “nonbinding” takeover approach from its ...
The FT item comes after Dealreporter on Monday first reported that BASF ( BASFY) explored a potential deal with Evonik ( ...
Sept 28 (Reuters) - German chemicals manufacturer Evonik has rejected a €10.3 billion ($11.70 billion) takeover bid from ...
German chemicals producer BASF said it entered initial talks over a takeover of smaller peer Evonik, a tie-up that would ...
German specialty chemicals group Evonik confirmed on Friday that rival BASF has made a non-binding approach over a possible ...
BASF's strategic move follows recent portfolio restructuring efforts and aligns with vision to streamline operations and ...
Evonik rejected BASF’s approximately €10.3 billion takeover proposal, saying the offer of about €22.15 per share was too low ...
BASF SE (ISIN DE000BASF111) stock traded weaker on Xetra on August 25, 2026, with intraday data showing the share price sliding between EUR 52.27 and EUR 51.41 while holding a double-digit ...
A combination of the two largest German chemical makers would come as the firms trim costs and adjust portfolios to stay fit ...
BASF ( BASFY) rejected an offer of about €22.15 per share as an initial approach, according to a Financial Times report on ...
Sept 28 (Reuters) - German chemicals manufacturer Evonik has rejected a €10.3 billion ($11.7 billion) takeover bid by BASF as ...