BASF Chief Says Merger With Evonik Would Be Logical and Meaningful
BASF’s chief described a combination with Evonik as logical and meaningful.
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07:54:45 AM UTC
SquawkNews
A combination between German chemical makers BASF XETR:BAS and Evonik XETR:EVK would be a logical and meaningful step, BASF chief Markus Kamieth told analysts in a post-earnings call on Wednesday.BASF has increased its takeover offer for Evonik to €24 per share, two people close to the deal told Re…