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BASF Confirms Talks with RAG Foundation and Evonik on Acquisition, Outcome Uncertain
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Market sources report that German chemical company BASF has confirmed it is in negotiations with the RAG Foundation and Evonik regarding a potential acquisition. The talks are ongoing, and the outcome has not yet been determined. The report, sourced from tradealpha, provides no further details on the scope or terms of the possible deal. The confirmation from BASF indicates active discussions, but the uncertainty of the result leaves the transaction's completion in question.
Source report
German chemical company BASF has confirmed that it is in negotiations with the RAG Foundation and Evonik regarding a potential acquisition. The outcome of the talks remains uncertain.
Source
domesticNeutral / independent