on Evonik Industries AG (ETR:EVK)
Evonik Industries Rejects BASF Takeover Approach
On October 30, 2026, Evonik Industries AG announced its decision regarding BASF SE's interest in a potential takeover. The Executive Board of Evonik has decided not to pursue negotiations with BASF following a careful review of their letter dated October 22, 2026. Despite the interest from BASF, Evonik's Board has chosen to maintain the company's independent strategic path.
While outright negotiations will not occur, Evonik has expressed a willingness for an informational exchange with BASF. This exchange aims to offer transparency about Evonik's position and allow BASF to explain its rationale and considerations behind their interest.
Christoph Finke, the Head of Investor Relations at Evonik, is the point of contact for further communications related to this matter.
R. E.
Copyright © 2026 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.
Click here to consult the press release on which this article is based
See all Evonik Industries AG news