BASF Reportedly Seeks To Acquire Rival Evonik In Potential Merger

LUDWIGSHAFEN (dpa-AFX) - Germany-based chemical producer BASF SE (BAS.DE) has approached its rival Evonik Industries AG (EVKIY.PK), a global specialty chemicals company, and Evonik's largest shareholder, the RAG Foundation, about a?potential takeover, according to multiple media reports.The potent…