Evonik waits to take post-election view as investors eye pricing

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Evonik waits to take post-election view as investors eye pricing

Evonik on Monday moved into a third week of investor education ahead of its planned IPO. While that was in keeping with the flexibility outlined at the start of the process, some bankers away from the discussion took it as a sign of the difficulty in bridging the pricing divide between sellers and buyers.

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