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Evonik rejects €10.3 billion BASF takeover bid, FT reports

Financial Times reported BASF had offered €10.3 billion ($11.7 billion); Reuters could not immediately verify the report.

BASFN.DEEVKN.DE

7 billion) takeover approach, saying the offer was too low to justify formal talks or let its rival conduct due diligence, the Financial Times reported on Monday. 8800 euros.