BASF ready to react to potential takeover approach as market value declines, says CEO

MOSCOW (MRC) -- BASF, at virtual annual shareholders' meeting, said it is alert to a possible risk of an unsolicited takeover approach or an attack from activist investors and was ready to react, as per Chemweek.Speaking at the meeting, CEO Martin Brudermuller said he could not rule out unwanted attempts to take control of the company, given the decline in its market value. Brudermuller w

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