BASF Considers Raising Evonik Takeover Bid to €11 Billion

Key Facts

1BASF is holding internal discussions regarding increasing its takeover bid for Evonik to a level closer to €11 billion.

BASF is holding internal discussions regarding increasing its takeover bid for Evonik to a level closer to €11 billion. Bloomberg reported that the move follows previous speculation and market pressure to improve the deal terms to secure the acquisition of the specialty chemicals maker.

These discussions occur as BASF seeks to strengthen its portfolio through a higher valuation, though the news remains based on internal talks rather than a formal offer. Within the broader German economic context, data from September 30, 2026, showed annual retail sales fell by 0.4%, while the unemployment rate held steady at 6.4%.