Evonik rejects BASF's $11.7 billion takeover bid, sources say
Sources said BASF offered about €22.15 per Evonik share in exploratory talks.
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Evonik rejects $11.7 billion BASF takeover bid, sources say
German chemicals manufacturer Evonik XETR:EVK has rejected a €10.3 billion ($11.70 billion) takeover bid from larger rival and BASF XETR:BAS for being too low, sources close to the negotiations told Reuters on Monday.BASF, one of the world's largest chemicals makers, had offered about €22.15 per Ev…
Evonik rejects €10.3 billion BASF takeover bid, FT reports
Financial Times reported BASF had offered €10.3 billion ($11.7 billion); Reuters could not immediately verify the report.
Evonik rejects $11.7 billion BASF takeover bid, FT reports
Evonik XETR:EVK has rejected a €10.3 billion ($11.7 billion) takeover bid from BASF XETR:BAS for being too low to warrant formal negotiations or to allow its competitor to carry out due diligence, the Financial Times reported on Monday.Reuters could not immediately verify the report.($1 = 0.8800 eu…
Evonik rejects BASF takeover bid
Financial Times reports Evonik rejected a BASF bid.