Q:

Two chemical giants, a potential deal: BASF and Evonik in talks

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A:

BASF SE (BASF) confirms exploratory talks with RAG-Stiftung and Evonik Industries AG (Evonik) regarding a possible takeover of Evonik. The course and outcome of these exploratory talks remain open at this stage.

As part of its corporate strategy, BASF continuously evaluates the strategic option of acquisitions that enhance its core businesses, deliver a strong strategic fit, drive profitable development and create value. In doing so, BASF takes a disciplined approach.

The company will inform the market in accordance with regulatory standards without delay, if and to the extent required.

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