Global MarketsIMPORTANTSeptember 28 at 09:33 AM

Evonik (EVK GY) has rejected the bid from BASF (BAS GY), FT reports citing sources

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Evonik has reportedly rejected BASF's takeover bid following preliminary approaches to Evonik and 44% shareholder RAG-Stiftung to create a €74 billion revenue chemical heavyweight.

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