Evonik strives towards an IPO
Evonik is ready for the capital market and seeks a listing in the medium term. Depending on capital market conditions, a total of 74.9% of Evonik Industries AG could be placed on the stock market between 2010 and 2013, possibly in several tranches. CVC intends to divest its stake via the stock market by 2013 after a miminum holding period of three years. The articles of association of RAG-Stiftung define flotation on the stock market as the only possible method of sale.
