Evonik / Germany

Met with former German Minister of the Economy. He is now Chairman of multi billion German coal RAG Stiflung ("Foundation"). By 2019, the RAG-Stiftung will finance RAG's perpetual mine management obligations related to coal mining. The foundation will finance these obligations through the sale of shares in Evonik Industries AG, through the income from its holdings, and through the income from its diversified financial. assets.

RAG is looking to make a block sale of 25% + share (for blocking rights) of Evonik Industries AG (market cap EUR 12 billion).