, Columnist
BASF's FOMO Moment
There are better options for the chemical company than trying to gate-crash the Dow-DuPont merger.
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BASF should take care that fear of missing out doesn't lead to rash actions.
The world’s biggest chemical company is considering gate-crashing Dow and DuPont’s merger with a bid of its own for the latter, people familiar with the matter told Bloomberg News last week. BASF may yet decide to stay on the sidelines, but the very fact that it’s considering such a move shows how much pressure the $63 billion German company is feeling to go from bystander to participant in the $120 billion wave of chemical dealmaking the past few months.