Germany's RAG Foundation Considers Full Exit from Chemicals Maker Evonik

Key Facts

RAG Foundation, the largest shareholder in Evonik, announced it could sell its entire stake in the German chemicals manufacturer. Reuters reported that the foundation is reviewing its portfolio holdings, a process that may lead to a total exit from its position as the primary shareholder in the specialty chemicals company.

The potential divestment coincides with a period of economic assessment in Germany, where consumer confidence was reported at -30.6 on September 25, 2026. Additionally, the Ifo Business Climate index reached 89.9 on September 24, 2026, highlighting the broader industrial backdrop for German manufacturing and chemical firms.