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EVK — Evonik Industries AG News Story

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Brief: BASF Wants To Take Advantage Of M&A Opportunities, CEO Says

BRIEF-BASF Wants To Take Advantage Of M&A Opportunities, CEO Says

- BASF BASFn.DE CEO Markus Kamieth at event organised by Handelsblatt and WirtschaftsWoche business publications:

  • SECTOR IS FACING MAJOR M&A WAVE, WE WANT TO TAKE ADVANTAGE OF THE OPPORTUNITIES

  • MERGER BETWEEN BASF AND ANOTHER MAJOR PLAYER IN SPECIALTY CHEMICALS SECTOR MAKES MUCH SENSE

  • IN SUCH A PARTNERSHIP, BASF COULD ALSO LEVERAGE STRENGTHS IN BASIC CHEMICALS

Background on Evonik bid: nL6N45K0R8


(Reporting by Matthias Inverardi)

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