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BASF approaches rival Evonik with merger proposal, FT reports

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Germany's BASF has approached rival Evonik and its largest shareholder, the RAG Foundation, with a proposal for a merger, the Financial Times reported on Friday, sending Evonik shares to a three-month high.

Read the original report at Reuters.

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Reuters

Source headline and summary supplied via NewsData.io. First collected by NewsJaws on 2026-09-26. This is an automated news brief, not original NewsJaws reporting. Dates reflect the source publication. Feed delays may apply.

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