(Reuters) - German chemicals and real
estate conglomerate Evonik may have to reconsider the timing of a possible
initial public offering (IPO), its majority owner said on Monday.
The RAG Foundation, which has never officially committed to a timetable for
floating Evonik, cautioned it would monitor possible risks to an IPO. But it
said it continues to support the idea of flotation.
Sources have said the RAG Foundation, which owns 75 percent of Evonik, would
publish an intention to float on Friday if it decides to go ahead with an IPO.
The shares could then be listed on June 25.