Reuters - Evonik Owners Say to Place More Shares Ahead of Listing
Investment banks Deutsche Bank and Mainfirst are placing up to 2 percent in German chemical company Evonik at a fixed price of 32.20 per share, writes Reuters. The shares will be sold exclusively to institutional investors ahead of a public listing planned for Thursday in a private placement on behalf of the RAG foundation, a public-sector trust that will bear the liabilities of Germany's wound-down coal mines, and private equity group CVC.
24 April 2013•1 min read
