Brief: BASF Confirms Exploratory Talks Regarding Potential Takeover Of Evonik
BRIEF-BASF Confirms Exploratory Talks Regarding Potential Takeover Of Evonik 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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