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Evonik Owner To Pursue IPO Preparations, Cautious On Timing

The majority owner of Evonik Industries AG (EVIND.YY) Monday repeated its intention in principle to float the specialty chemical maker on the stock exchange in a transaction that would mark the largest German IPO since Deutsche Post AG (DPW.XE) floated in 2000, but cautioned against expectations the company might still list before the end of June. Continue reading

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