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News 2026-09-25 14:03 UTC

Evonik Gets Takeover Offer From Rival BASF

By Najat KantouarEvonik said it received a takeover approach from rival BASF for all its shares.In European afternoon trading, Evonik shares were up 9% at 19.69 euros. Year to date, shares have risen more than 40%.The German chemical company said Friday that no talks are currently under way regardi…