BAS.DENeutral
BASF and Evonik: a conversation between executives reported this weekend, with no detail
According to Boursorama, the management teams of BASF and Evonik reportedly spoke this weekend. The available information gives neither the subject nor the outcome of the conversation.
By Yvan T., published
The facts
Boursorama reports, on 09/11/2026 at 10:07, that the executives of BASF and Evonik reportedly spoke this weekend. The outlet relies on “some sources” and uses the conditional.
In a second publication, at 9:59, Boursorama states that the management teams of the two groups spoke, according to a source close to the matter. The two wordings differ slightly: one refers to several sources and stays in the conditional, the other cites a single source and states the conversation as fact. Both texts come from the same outlet, so they do not amount to two independent confirmations.
The information provided does not specify the subject of the discussion, who initiated the contact, or whether a combination is planned. It also contains no official reaction from BASF or Evonik, and no share price data.
Our take
My take: contact between two big names in German chemicals attracts attention, but nothing Boursorama reports allows us to speak of a deal. A conversation may concern a combination, but also a limited partnership, a specific asset or an industry issue. The idea of a combination remains for now a market hypothesis, not a documented fact.
For BASF, any share price impact would depend on the nature of the deal, its price and how it would be financed. None of these elements is known. My view is therefore neutral: a rumour with no substance justifies neither optimism nor pessimism on the stock.
I am not proposing a price target. The sources give no current share price, no results and no terms of a transaction, so no sound valuation method is possible. We will need to wait for official confirmation or further details.
Risks to watch
The information rests on anonymous sources, relayed by a single outlet in the material provided. The discussions may come to nothing, or may concern a subject unrelated to a merger. If a deal were to take shape, its terms could be unfavourable to BASF shareholders.
Sources
- Selon certaines sources, les dirigeants de BASF et d'Evonik se seraient entretenus ce week-end
- Les directions de BASF et d'Evonik se sont entretenues ce week-end, selon une source proche du dossier
Information from these sources is summarised and rewritten. It has not been independently verified beyond cross-checking between sources; where the reliability of a piece of information is in doubt, the article says so.
Transparency
- AuthorTo be completed, Founder and author of the site, private investor.
- Conflicts of interestOn the publication date, holds no position in BASF. The site receives no payment from the companies it covers. The author refrains from any transaction in a stock covered 24 hours before and 48 hours after publication.
- MethodCompilation of public information from the day (sources listed above). The facts reported are kept separate from the analysis, which expresses the author's view. Full methodology.
- Artificial intelligenceText written with an artificial intelligence tool from the sources cited and published automatically, without prior human review.
- History
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