World & BusinessBASF reportedly makes takeover approach for chemicals rival Evonik
The Financial Times says a takeover of the €12bn group would be a significant step toward consolidating Europe’s fragmented chemicals industry.
TLDR
BASF has made a takeover approach for rival Evonik, the Financial Times reports. The newspaper describes Evonik as a €12bn group and says a takeover would mark a significant step in consolidating Europe’s fragmented chemicals industry.
BASF reportedly makes takeover approach for chemicals rival Evonik
The Financial Times says a takeover of the €12bn group would be a significant step toward consolidating Europe’s fragmented chemicals industry.