04:24 AM EDT, 10/30/2026 (MT Newswires) -- Evonik Industries (EVK.F) declined to enter takeover negotiations with BASF (BAS.F), saying it will continue to pursue its standalone strategy. The German chemicals company said Friday it is open to a "purely informational and confidential" discussion with BASF to explain its position and hear the considerations behind the proposed takeover interest.

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