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Market Chatter: Evonik Industries, BASF to Reportedly Meet for Mid-term Plan Discussions
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12:30 AM EST, 11/08/2026 (MT Newswires) -- Evonik Industries (EVK.F) is said to meet with BASF (BAS.F) to unveil its mid-term goals following the rejection of the latter's takeover proposal, Bloomberg News reported Nov. 6, citing people familiar with the matter. In the same discussions, the chemicals group's representatives will also reportedly set out their reasons and the potential benefits of a merger with Evonik, the sources added. Evonik and BASF did not immediately respond to requests for comment from MT Newswires. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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