German chemicals group BASF has signalled interest in specialty‑chemicals maker Evonik, according to a Financial Times report citing sources familiar with the matter. BASF is said to have approached Evonik’s board and major shareholder RAG‑Stiftung to discuss a potential acquisition.
Meal‑kit provider HelloFresh, listed on Germany’s SDAX, trimmed its 2024 revenue and operating profit forecasts on Thursday after a sharp decline in third‑quarter sales and earnings. The revised outlook prompted a notable drop in the company’s share price on Friday.
Automotive lighting supplier Forvia Hella announced that Jens Grösch, 50, will assume the role of chief financial officer on 1 December, succeeding Philippe Vienney whose contract will not be renewed.
Online broker Flatexdegiro disclosed a leadership reshuffle, appointing its former finance chief Benon Janos as co‑CEO alongside Oliver Behrens, effective immediately.
Airbus reported a quality issue affecting the lower forward fuselage skin of some A321neo aircraft. The problem involves deviations in surface protection on longitudinal stiffeners but is not deemed a safety concern. Airbus says a fix has been developed that does not require removal of the affected structures, allowing continued operation of the jets.
In the aviation sector, the German carrier Condor will see the German federal government and the state of Hesse exit their stakes. British investment firm Attestor will acquire the remaining 49 % held by the public sector by 31 August 2027, exercising a purchase option agreed in 2021.
Swiss food giant Nestlé confirmed the phase‑out of its Special.T tea‑capsule system after 16 years, withdrawing the product from Switzerland and six other European markets.
