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Evonik remains opposed to takeover offer after meeting BASF, says source familiar with the matter

By Reuters News

DUESSELDORF, Nov 9 (Reuters) - Evonik EVKn.DE continues to reject BASF's BASFn.DE increased takeover offer even after top executives of both companies met over the weekend for initial discussions of the approach, a person familiar with the matter told Reuters.

No further meetings are currently scheduled, the source added.

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