Overview
- BASF made a non‑binding approach to Evonik that Evonik described as an unverbindliche “Ansprache” aimed at a voluntary public takeover offer.
- Press reports say BASF offered €22.15 per Evonik share, valuing the company at about €10.3 billion, and that the offer was rejected, but the price detail is reported and not confirmed by all parties.
- The RAG‑Stiftung board informed its Kuratorium about BASF’s interest in an online meeting, and the foundation says the meeting’s detailed contents are confidential.
- Both Evonik and BASF say talks are not currently taking place and that the progress and outcome of the explorations remain open.
- The RAG‑Stiftung holds roughly 43 percent of Evonik and must protect capital used to pay ongoing Ruhr mining liabilities from its €15.9 billion book of assets, so its governance and political ties will shape any next steps.