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BASF Agrees To Acquire Evonik for €1

BASF Agrees To Acquire Evonik for €1

AcquisitionEUR11,590,927,103ManufacturingDE

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Acquired

Evonik

GermanyManufacturing

Deal value

EUR11,590,927,103

October 7, 2026

BASF logo
Acquirer

BASF

Chemical Manufacturing

BASF announced an unsolicited and unconditional offer to acquire Evonik for €11,590,927,103 EUR. The source noted that this potential deal could reshape the German chemicals sector and add a major financing signal.

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