German Corporate Briefing: Evonik Leadership Change, ESA Funding for Isar Aerospace, and Banking M&A Talks

A roundup of major German business developments includes temporary executive changes at chemical giant Evonik due to illness, the ESA awarding 200 million euros to aerospace startup Isar Aerospace, and ongoing merger discussions between Unicredit and Commerzbank alongside potential acquisition interest in toy maker Schleich.