BASF Increases Bid for Evonik to More Than €11 Billion
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11:35:15 AM UTC
SquawkNews
Germany-based BASF XETR:BAS has increased its takeover offer for chemicals manufacturer Evonik Industries XETR:EVK to more than €11 billion ($12.31 billion), Bloomberg News reported on Friday, citing people familiar with the matter.BASF's new bid for Evonik is around €24 per share, the report said…