
The article deals with several financial topics: new corporate bonds with yields of over four percent, a study on the financial feasibility of socializing apartments in Berlin, forecasts by the finance agency for record debts in 2027, warnings from a rating agency that expropriation plans could endanger the creditworthiness of companies, and concerns from investors in the German bond market.
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The article summarizes current developments in the German financial market, including corporate bonds, real estate policy in Berlin and national debt forecasts.
Investment These new corporate bonds offer returns of more than four percent
Real estate study considers the socialization of apartments in Berlin to be financeable
Finance Finance Agency expects new record debts for 2027
Rating agency expropriation plans threaten company creditworthiness - but not Berlin's
Bond investors see problems in the German bond market
Bosch plans to cut about half of the 1,800 jobs at its Nuremberg factory by 2029, in addition to previously announced global job cuts of 22,000 employees. The decline will be particularly noticeable in the mobility sector, due to falling demand for combustion engines, high production costs and a weak hydrogen ramp-up in Europe.

The chemical company Evonik has rejected a takeover offer from BASF worth 22.15 euros per share, which corresponds to a premium of 28 percent on the previous share price. The RAG Foundation, with a 43 percent stake in Evonik, and North Rhine-Westphalia Prime Minister Wüst on the board of trustees play a key role. Both companies had confirmed exploratory talks, with BASF considering the purchase to be one of the largest in its history.

Despite rising oil prices, the DAX closed slightly in the red at 25,374 points after previously being in the black. Investors are hoping for talks between Washington and Tehran. Nvidia announced a record buyback of $150 billion, SpaceX reached Earth orbit with Starship. BASF is examining takeover of Evonik, Südzucker and Redcare Pharmacy benefit from strong quarterly figures and e-prescription boost. German start-up boom reaches record with 39 unicorns.
Russian President Vladimir Putin has placed food wholesaler Metro's Russian business under receivership. The Russian management company Torg RUS is temporarily taking over 100 percent of Metro's assets in Russia. Metro AG emphasizes that formal ownership remains with it, but it no longer has operational control. This follows similar actions against Nestlé and Auchan that the Kremlin has justified as a response to support for Kiev in the Ukraine war.

Despite the Iran war, the German chemical industry is experiencing a short-term boom due to increased demand due to supply chain bottlenecks in Asia, while BASF is planning to take over Evonik and both companies are cutting thousands of jobs. Experts warn of relocation to China and the USA and a threat to the supply of critical goods and are calling for strategic reserves and energy infrastructure expansion.

According to insider information, Evonik rejected a takeover offer from BASF worth 22.15 euros per share because it was considered too low. The offer corresponds to a premium of around 28 percent on the share price before the speculation and values the company at around 14 billion euros including debt. BASF emphasizes that a takeover would strengthen its core businesses, while the RAG-Stiftung and unions express concerns about location and job security.