- 3d ago
NRW government opposes BASF takeover bid for Evonik, RAG foundation stays silent
Economy minister Mona Neubaur told the state parliament on Wednesday, 14 October, that the NRW government is against the takeover. The RAG foundation, which holds about 44 percent of Evonik, has not yet set out its position.
- Sep 28
Evonik rejects BASF takeover offer valuing chemical group at 14 billion euros
Essen-based specialty chemicals maker Evonik has dismissed an acquisition proposal of approximately 22.15 euros per share from Ludwigshafen rival BASF, citing an inadequate valuation.
- Sep 25
German industry urges trade de-risking from China and firmer stance toward US in 42-page blueprint
The Federation of German Industries presented a 42-page policy paper in Berlin demanding strategic independence from China, firmer bargaining with the United States, and strict fiscal discipline at home.
