Market Chatter: BASF Reportedly Willing to Guarantee Evonik German Sites, Jobs in Any Potential Takeover

09:22 AM EDT, 10/12/2026 (MT Newswires) -- Chemicals company BASF (BAS.F) is willing to write guarantees on Evonik Industries' (EVK.F) German sites and headcount into any potential agreement regarding a takeover of its smaller peer, Reuters reported Monday. The potential commitments would rule out compulsory redundancies in ⁠Germany until 2032 and require any cuts to be voluntary and include severance pay, two people close to BASF reportedly told the news outlet. BASF and Evonik did not immediately respond to requests for comment from MT Newswires. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)