BASF Says Evonik Unwilling to Enter Takeover Negotiations
BASF said it was surprised that Evonik was not prepared to enter takeover negotiations, despite BASF's description of its offer as attractive and its commitments regarding employees and sites. BASF acknowledged Evonik's willingness to engage in discussions.
BASF expressed surprise on Friday that Evonik was not prepared to enter into takeover negotiations considering its "attractive offer" for the company and "extensive commitments made regarding employees and sites.""However, we acknowledge Evonik's willingness to engage in discussions," the German co…