Temasek Buys Stake in Evonik and Healthcare Global Enterprises
Posted on 03/11/2013
Evonik Industries AG, a German specialty chemical manufacturer, sold a block of shares to Temasek Holdings in a 4.6% private placement deal. Temasek Holdings will pay around €600 million for the stake. Evonik is preparing to be a listed company on the Frankfurt Stock Exchange; however, the firm has encountered setbacks due to lackluster market […]
