BASF Confirms Exploratory Talks Regarding Potential Takeover Of Evonik

By Reuters News

Sept 25 (Reuters) - BASF SE BASFn.DE:

  • CONFIRMS EXPLORATORY TALKS REGARDING POTENTIAL TAKEOVER OF EVONIK

  • AS PART OF ITS CORPORATE STRATEGY, BASF CONTINUOUSLY EVALUATES THE STRATEGIC OPTION OF ACQUISITIONS THAT STRENGTHEN ITS CORE BUSINESSES, DELIVER A STRONG STRATEGIC FIT, DRIVE PROFITABLE GROWTH AND CREATE VALUE. IN DOING SO, BASF TAKES A DISCIPLINED APPROACH

  • COMPANY WILL INFORM THE MARKET IN ACCORDANCE WITH REGULATORY REQUIREMENTS WITHOUT DELAY, IF AND TO THE EXTENT REQUIRED

  • CONFIRMS EXPLORATORY TALKS WITH RAG-STIFTUNG AND EVONIK INDUSTRIES AG (EVONIK) REGARDING A POTENTIAL TAKEOVER OF EVONIK. THE COURSE AND OUTCOME OF THESE EXPLORATORY TALKS REMAIN OPEN AT THIS STAGE

Further company coverage: [BASFn.DE]

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