Press Release: Mergers: Commission approves proposed acquisition of Evonik by CVC and RAG-Stiftung

The European Commission cleared under the EU Merger Regulation the proposed acquisition of joint control in Evonik industries AG of Germany by CVC Capital Partners Group SARL of Luxembourg and RAG-Stiftung of Germany. After examining the operation, the Commission concluded that the transaction would not significantly impede effective competition in the European Economic Area (EEA) or any substantial part of it.