EconomyEvonik rejects $11.7 billion BASF takeover bid, sources say

German chemicals maker Evonik has rejected a 10.3 billion euro ($11.7 billion) takeover offer from larger rival BASF, sources familiar with the negotiations told Reuters, saying the bid was too low.

EvonikBASFtakeover bidchemicals industry

RReuters★★☆☆☆2026-09-28 15:25Original

Evonik rejects $11.7 billion BASF takeover bid, sources say

Economy