Evonik Sells Carbon Black to Rhone Capital for $1.3 Billion
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Evonik Industries AG agreed to sell its carbon black business to New York-based buyout firm Rhone Capital LLC for more than 900 million euros ($1.3 billion), including the assumption of certain obligations.
The sale must be approved by Evonik’s supervisory board and antitrust authorities, and would close this summer, Evonik said in an e-mailed statement today.