BASF considering rival bid for DuPont

World's largest chemical company would also become second-largest crop seed company.

Despite a December merger announcement between DuPont and Dow Chemical Co., BASF SE is working with advisers and financing banks to examine the merits of making a counter bid for DuPont Co., according to a report by Bloomberg Business.

According to the report, BASF has been working with advisers since last year to explore a bid for DuPont and even held talks with the U.S. company before it agreed to merge with Dow. However, BASF hasn’t made an official decision about purs

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