German chemical giant BASF has approached Evonik to discuss a potential takeover. This was reported by Qazaqyia.kz citing Reuters.
According to the source, BASF is considering a possible acquisition of Evonik. The specific terms and timeline of the talks between the companies remain unknown.
Evonik is one of Germany's leading chemical companies. BASF is a globally renowned chemical concern. No official statement has been made regarding the potential deal.