Germany’s BASF confirms talks over potential Evonik takeover

BASF has confirmed exploratory talks with RAG-Stiftung and Evonik Industries on a potential takeover of Evonik; the outcome remains open.
BASF says any deal must strengthen core businesses, fit strategically, drive profitable growth and create value.
Textile firms sourcing chemical inputs from either company have no confirmed deal to price in; BASF will inform the market if regulations require.