M&AIndustrialsRUMOURED
BASF makes takeover approach for chemicals rival Evonik
Value
€12.0Bn
Acquirer
BASF
Target
Evonik
German chemical giant BASF has reportedly made a takeover approach for its rival Evonik Industries. The potential acquisition of the €12 billion group would represent a significant step in consolidating Europe's fragmented chemicals industry.
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