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Evonik and Covestro, which together employ more than 50,000 people, have both said profits will fall
Soaring prices and gas shortages have led manufacturers to adopt contingency measures
The hedge fund manager will have to threaten more active measures to get results
Coca-Cola and Germany’s Evonik are among the companies leading race to sell debt
Deal would follow string of similar moves in the chemical sector over the past year
New management is focused on ‘larger transactions’
German group is in transition but downturn is squeezing margins
Comeback hopes for European IPO market
International Edition