RAG-Stiftung Confirms BASF's Interest in Evonik Takeover

RAG-Stiftung revealed that BASF has shown interest in a potential voluntary public takeover of Evonik Industries AG. This development follows RAG-Stiftung's current holding of approximately 43.8% of Evonik's shares. Currently, RAG-Stiftung possesses three bonds exchangeable into Evonik shares. The foundation confirmed BASF's communication regarding this potential acquisition.

The announcement by RAG-Stiftung does not guarantee a completed transaction but highlights ongoing discussions. Further announcements will be released by RAG-Stiftung if required. Evonik, a key player in the chemical industry, could potentially see a shift in ownership structure should BASF proceed with the takeover offer.