All entries on BASF across all areas, newest first. tag:eurotrack.ai,2026:en:en/companies/basf 2026-09-25T06:00:00Z Eurotrack tag:eurotrack.ai,2026:3c445b4e:en 2026-09-25T06:00:00Z

Single-source report: according to the Financial Times, citing insiders, BASF has put a takeover proposal to Evonik and its largest shareholder, the RAG Foundation, and is talking to banks about a possible deal. A person familiar with the matter told Reuters that Evonik had not received a takeover offer; BASF, Evonik and the RAG Foundation did not initially comment. The RAG Foundation holds around 43% of Evonik and intends to reduce its stake to 25.1% over time (Reuters via onvista, 25 September 2026, citing the Financial Times). Update (25.09.2026): In an ad hoc release that afternoon, the RAG Foundation confirmed that BASF had approached it about a possible voluntary public takeover offer for Evonik; the foundation holds around 43.8% of Evonik's shares. No formal offer has been made (EQS/finanznachrichten.de, 25.09.2026). Update (28.09.2026): According to Reuters and the Financial Times, Evonik's management rejected BASF's approach – reportedly about €22.15 per share, or roughly €10.3bn – as too low and allowed neither due diligence nor formal talks; the companies have not confirmed the figures. BASF is reported to be sticking to its plans (reports; Industriemagazin, 02.10.2026; Kapitalmarktexperten, 29.09.2026). Update (9 Oct 2026): The board of trustees of RAG-Stiftung was briefed online on BASF's interest; the content and outcome are confidential. According to Evonik, no talks are currently taking place (dpa-AFX / BÖRSE ONLINE, 9 Oct 2026). Update (23 Oct 2026): According to Bloomberg, cited by Börsen-Zeitung, BASF has put an increased indicative price of €24 per share to Evonik (about €11.2bn in total, a premium of almost 39% on the pre-leak price); Evonik and BASF decline to comment, and Evonik has set up a parity-staffed special committee of its supervisory board. Reported only, no formal offer (Börsen-Zeitung, 23 Oct 2026). Update (27 October 2026): According to a Reuters report, BASF has raised its offer to about €11.2bn; there is no official confirmation (MS Aktuell, 27 October 2026). — Sources: https://www.onvista.de/news/2026/09-25-ft-basf-arbeitet-an-uebernahme-evoniks-0-20-26557514 · https://industriemagazin.at/chemie/basf-evonik-uebernahme-kamieth-chemieindustrie/ · https://www.kapitalmarktexperten.de/evonik-aktie-abweisung-von-basf-angebot-bestaetigt/ · https://www.boerse-online.de/dpa-afx/rag-stiftung-beraet-ueber-basf-uebernahmeplaene-fuer-evonik-557285.html · https://www.boersen-zeitung.de/unternehmen-branchen/basf-geht-offenbar-mit-hoeherem-angebot-auf-evonik-zu · https://ms-aktuell.de/welt/basf-evonik-27-10-2026/

tag:eurotrack.ai,2026:a4a6c810:en 2026-07-16T06:00:00Z

On 16 July BASF brought a new production plant for specialty emollients (based on renewable feedstocks, for skin-care and sun-care products) online at its Düsseldorf site — according to the company its largest single investment at the site in ten years; construction took around two years. Update (16 July 2026): BASF has inaugurated its new specialty emollients plant in Düsseldorf, completing the build. (BASF, 16 July 2026) — Source: https://www.basf.com/global/en/media/news-releases/2026/07/p-26-127

tag:eurotrack.ai,2026:3196fefa:en 2025-10-22T06:00:00Z

The chemical group BASF plans to cut around 600 jobs at its Antwerp site by the end of 2028. The site employs around 3,000 people and is the second-largest production facility of the German BASF group. Aim: to reduce fixed costs by €150 million by 2028 compared with 2024. Reasons: the economic environment and the 'absence of noticeable effects from industrial support measures'. No Renault procedure will be initiated; employees are to find new employment within or outside the group. Details will follow in the coming months. — Source: https://brf.be/national/2017857/