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14 February 2012
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22 February 2012
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03-04 May 2012
Vienna, Austria
German industrial Evonik aims to float interests in two apartment portfolios
The Essen-based industrial conglomerate Evonik Industries, which incorporates the former Degussa chemicals group, aims to float stakes in two residential portfolios - one with 60,000 units and a second, THS with 75,000, in which it holds a 50% interest. However, the move will only take place when the stock market is "back in appropriate shape", Chairman Klaus Engel said.