Evonik Industries Reportedly Rejects BASF's Acquisition Offer

LUDWIGSHAFEN (dpa-AFX) - Evonik Industries AG (EVKIF.PK) has rejected a 10.3 billion euros acquisition offer from its larger rival BASF SE (BAS.DE) as the proposal was too low to warrant negotiations or due diligence. by The Financial Times.Multiple media reports pointed out t…