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Add as a preferred source on GoogleThe nonbinding approach was a proposal for a voluntary public offer covering all Evonik shares.
German chemical maker Evonik Industries will not negotiate with BASF over a nonbinding proposal covering all Evonik shares, valued at about €11.2 billion ($12.5 billion).
The approach was a proposal for a voluntary public offer. In comments on Sept. 25, BASF described its exchanges with Evonik and RAG-Stiftung as exploratory. Evonik said formal negotiations had not begun at that point.
Steuertipps is projected to generate about €30 million in gross revenue in 2026, and the transaction is expected to close within days.
Kimberly-Clark expected closing in the fourth quarter of 2026, subject to customary conditions.
Released Oct. 30, 2026, the film focuses on Germany, the Czech Republic and Poland. The Kyiv Independent identifies them as the leading destinations for Ukrainian refugees since Feb. 24, 2022.
