BASF 'surprised' at Evonik's unwillingness to enter takeover negotiations

By Reuters News

- 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 company said in a statement.

Capital Com is an execution-only service provider. The present material must be regarded as marketing communication and should not be interpreted as investment research or investment advice. Any opinion that may be provided on this page does not constitute a recommendation by Capital Com or its agents. We do not make any representations or warranty on the accuracy or completeness of the information that is provided on this page. If you rely on the information on this page, then you do so entirely at your own risk