Reuters: Deals: CVC says eyes Evonik IPO by end-June

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CVC says eyes Evonik IPO by end-June Mar 12th 2012, 11:07 FRANKFURT | Mon Mar 12, 2012 7:07am EDT FRANKFURT (Reuters) - Buyout firm CVC CVC.UL said German chemicals maker Evonik EVON.UL in which it holds a stake could be taken public by the end of June. "We are waiting for the best moment (for an initial public offering). So far we haven't had the right market conditions," Christian Wildmoser, a partner at CVC and a supervisory board member at Evonik, told journalists on Monday.

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