Evonik says ‘go’ — even though Greece might say ‘no’

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Evonik says ‘go’ — even though Greece might say ‘no’

The decision to launch the €3.5bn-€5bn IPO of Evonik on Friday morning generated mixed reviews from ECM bankers with some worried that Europe’s flagship transaction will be a hostage to market and political sentiment. But there was also plenty of conviction that it is the right deal to bring to market now.

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