ECONOMIC NEWS - The German chemical company BASF apparently is working on a takeover of competitor Evonik
Apparently, talks are taking place again between German chemical companies BASF and Evonik about a possible takeover. This was reported on Friday (25 September) among others by the Financial Times (FT) and the Handelsblatt.
BASF and Evonik are reportedly in talks about a potential takeover, according to the Financial Times and Handelsblatt. BASF, the world's largest chemical company, aims to expand its market reach and portfolio through the acquisition, helping it navigate a challenging industry environment. Evonik's shares rose 11% to nearly €20 on Friday, their highest level since May 2025, while BASF's shares fell over 3%. The talks were also reported by Dealreporter on Tuesday.
Written by urgent.news from NZZ Wirtschaft's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
- Today: What can OpenAI's AI assistant "Dots" do? | BASF wants Evonik handelsblatt.com
