BASF raises takeover offer for Evonik Industries to over €11 billion, Bloomberg News reports

AI-generated NewsSnap summary based on source reporting.
Published: 2026-10-23T13:35:00Z
Category: business
Source: Reuters

Germany-based BASF has reportedly increased its takeover offer for chemicals manufacturer Evonik Industries to more than €11 billion ($12.31 billion), or approximately €24 per share. The revised offer, reported by Bloomberg News, includes guarantees on jobs and production sites.

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