BASF raises Evonik takeover bid above €11 billion

Briefing by News4U · First published 2026-10-23 12:25:59 UTC

BASF has increased its offer for Evonik to more than €11 billion.

Bloomberg reported that BASF SE has boosted its takeover offer for German chemicals group Evonik Industries AG to more than €11 billion ($12.3 billion), people familiar with the matter said. [1]

Sources

1. BASF Increases Bid for Chemicals Rival Evonik to Over €11 Billion

   Bloomberg · 2026-10-23 11:15:50 UTC · Summary only

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