Evonik carbon black unit likely to go to Rhone - reports

ERJ staff report (DS)

Essen, Germany -- Bloomberg reports that only one bidder -- Rhone Capital LLC -- is left in the race to buy the Degussa carbon black unit from Evonik Industries.

Rhone is a New York-based buyout firm and the deal is expected to be finalised in the next few days at around euro 900 million, said Bloomberg.

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Rhone Is Said to Be Near $1.3 Billion Acquisition of Evonik's Carbon Unit Bloomberg (Germany)

Website of Evonik

Website of Rhone Group