RAG-Stiftung bags €1bn from Evonik sales
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RAG-Stiftung bags €1bn from Evonik sales

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RAG-Stiftung, the German foundation created in 2007 to support the discontinuation of the country’s coal mines, opted to a block trade alongside an exchangeable bond to sell a 7% stake in Evonik Industries, the German speciality chemicals company, for €1bn.

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