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BASF Pledges Job Protections to Advance Potential Evonik Takeover

BASF Pledges Job Protections to Advance Potential Evonik Takeover

Ludwigshafen, Monday, 12 October 2026.
To overcome political opposition and advance takeover discussions, chemical giant BASF pledged to protect Evonik’s German production sites and honor existing employment guarantees lasting through 2032.