NEWS AND VIEWS FROM THE PHARMACEUTICAL FINE CHEMICAL AND CUSTOM MANUFACTURING SECTOR

Wednesday 2 April 2008

Evonik field down to four

RAG has ruled out an IPO for part of its Evonik business for the time being. It plans to sell a 25% stake this year, with a further 50% stake sold between 2010 and 2012. Reports suggest there are four potential buyers for the current stake, one of which is Blackstone Group.
The Guardian
CNN

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