Evonik agrees to sell its Methacrylates business to Advent International for €3 billion

By In The News
March 4, 2019 in The Headlines

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In The News

Posted March 4, 2019

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Posted March 4, 2019

PARSIPPANY, N.J., March 4, 2019 /PRNewswire/ -- Evonik today signed an agreement to sell its Methacrylates business to Advent International for €3 billion. The selling price (enterprise value) is 8.5 times the business' EBITDA. The transaction is subject to approval by the authorities in...

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Evonik agrees to sell its Methacrylates business to Advent International for €3 billion

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