09:55 AM EDT, 09/25/2026 (MT Newswires) -- Germany-based Evonik Industries (EVK.F) confirmed a nonbinding takeover approach from its fellow chemicals company BASF (BAS.F), in response to recent media reports. Evonik said Friday there are no ongoing talks between the parties, adding that it will not comment further on the matter beyond its legal obligations. RAG-Stiftung, which owns a 43.8% stake in Evonik, also confirmed that it was approached by BASF regarding a potential takeover of Evonik.

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