Evonik to reject BASF's sweetened €11 billion takeover bid after reviewing proposal

Corroborated by 2 sources from 2 publishers

globalpolitics3h ago

TL;DR

Evonik set to reject BASF’s sweetened €11bn takeover bid.

Bloomberg Industries

https://www.bloomberg.com/news/articles/2026-10-30/evonik-turns-down-offer-to-enter-takeover-talks-with-suitor-basf

Financial Times Companies

https://www.ft.com/content/dfebee73-142f-46d5-95a6-0e895c0ae551?syn-25a6b1a6=1