Evonik Gains After Report of BASF Takeover Approach

fakti.bg

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Germany's largest chemical company, BASF, is exploring the possibility of acquiring its rival, specialty chemicals maker Evonik, which has a market value of more than 8 billion euros, through a voluntary public offer to buy out its shares, DPA reported, citing Evonik. According to DPA, Evonik confirmed that BASF had approached the company with a preliminary offer. This offer includes a voluntary public offer to buy out all of the company's share…

Tagesschau

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The chemical industry could face a billion-dollar deal: BASF is interested in the competitor Evonik. Speculation has already made a move on the stock market.

derwesten.de

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In the midst of a severe industry crisis, the chemical company BASF is considering a takeover of the specialist provider Evonik.

Zeit Online

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The German chemical industry could face changes: Evonik has made a takeover offer by BASF public, but discussions would not take place at the moment.

wz.de

aachener-zeitung.de

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echo-online.de

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bbv-net.de

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+3 Reposted by 3 other sources

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BASF is considering a takeover offer for Evonik. The billion-dollar deal is also about competition with Chinese suppliers. However, discussions are not yet ongoing.

volksfreund.de

saarbruecker-zeitung.de

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saarbruecker-zeitung.de

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BASF is considering a takeover offer for Evonik. The billion-dollar deal is also about competition with Chinese suppliers. However, discussions are not yet ongoing.