German chemicals giant BASF lifted its 2026 profit outlook for the second time this year on Wednesday as it hiked prices to clients following the outbreak of the Iran war. The maker of products ranging from automotive paints to sunscreen ingredients…
FRANKFURT, Oct 28 — German chemicals giant BASF raised its 2026 outlook for the second time this year on Wednesday after raising prices for some products following the outbreak of the Iran war. The maker of products ranging from automotive paints to sunscreen…
Lotte Chemical Pakistan Limited (LOTTE) on Wednesday announced a major change in ownership and leadership following the completion of its acquisition by PTA Global Holding Limited, marking the exit of Lotte Chemical Corporation, South Korea, from the company. In a…
BASF, headquartered in Ludwigshafen, has increased its offer for Evonik to a package topping €11 billion, according to people familiar with the talks. The latest figure is around €24 a share, up from a prior approach that implied a valuation near €10.3 billion.
Evonik shares jumped after BASF reportedly raised its bid above €11B. Evonik (EVKIY) (EVKIF) rose 5.2% in trading in Frankfurt after a report that German chemicals competitor BASF (BASFY) (BFFAF) has increased its bid to more than €11 billion ($12.3 billion). BASF has made…
Stock Price, News, Quote & History Yahoo! Finance Canada Oops, something went wrong BASF SE Overview Chemicals / Basic Materials BASF SE operates as a chemical company worldwide. It operates through six segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care, and…
Markus Kamieth, chairman of the management board, has stated in a video on the company website that BASF is ready to enter into talks with Evonik Industries over a proposed combination. BASF had previously confirmed that it had held exploratory…
BASF vows to honor Evonik job guarantees through 2032 as it pursues a €10.3B takeover. BASF (BASFY) (BFFAF) CEO Markus Kamieth promised to honor Evonik's (EVKIF) (EVKIY) existing job guarantees through 2032, as the chemicals company continues its €10.3 billion ($11.5 billion) pursuit of its…
Tavistock Investments plc has struck a deal to sell its King Financial Planning arm for £3 million in cash and has also entered into an exclusivity agreement for the potential sale of Tavistock Group Holdings Limited, the owner of Tavistock Private…
Under the agreement, BASF and HSCC will assess the combination of selected European activities across the PA6 value chain. They are also considering whether to include their global extrusion businesses outside North America in the proposed joint venture. However, the engineering…
Chemical-industry deals: mergers, acquisitions, divestments, spin-offs and joint ventures among chemical makers.
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