BASF could make a higher offer for Evonik if there are talks with the specialty chemicals maker, sources close to BASF told Reuters on Friday ... BASF declined to comment.
Sept 28 (Reuters) - German chemicals manufacturer Evonik has rejected a €10.3 billion ($11.70 billion) takeover bid from larger rival and BASF for being too low, sources close to the negotiations told ....
By Joe Wertz ... The Rhine is dotted with major chemical plants, refineries and steel factories from BASF SE, Bayer, Covestro AG and Shell plc and serves as an important transportation route connecting European factories with global markets ... Read More.