BASF Confirms Preliminary Talks Over Potential Evonik Takeover

BASF SE confirms exploratory talks with RAG-Stiftung and Evonik Industries AG (Evonik) regarding a potential takeover of Evonik. The course and outcome of these exploratory talks remain open at this stage.

As part of its corporate strategy, BASF regularly assesses acquisition opportunities that complement its core businesses, support profitable growth and create long-term value. The company follows a disciplined and selective approach when evaluating such transactions.

The company will promptly update the market in line with applicable regulatory requirements, if necessary.

Source: BASF