ADVFN - Advanced Financial Network.
HOME» NYSE » C » CVC Stock Price » CVC Stock News

Cablevision System Share News

 Cablevision Systems Corp. Stock Price
CVC Stock Price
 Cablevision Systems Corp. Stock Chart
CVC Stock Chart
 Cablevision Systems Corp. Stock News
CVC Stock News
 Cablevision Systems Corp. Company Information
CVC Company Information
 Cablevision Systems Corp. Stock Trades
CVC Stock Trades

CVC Capitals Says Evonik IPO Possible Before End Of June

FRANKFURT -(Dow Jones)- Specialty chemicals maker Evonik could list shares before the end of June if capital markets improve, CVC Capital Partners Ltd.'s new Germany co-head, Christian Wildmoser, said Monday. "Evonik is in excellent shape as it is much more focused now," Wildmoser said, adding Evonik's owners are, however, waiting for capital markets to be in better shape before launching an initial public offering. "We are not under pressure," he said. Evonik's profitability is in line with or above that of U.S. peers Dupont (DD), Dow Chemical Co. (DOW) and Germany's BASF SE (BAS.XE), the CVC manager said, pointing to a margin before interest, taxes, depreciation and amortization of 19%-20%. The Essen-based company is owned by the RAG-Stiftung foundation and CVC, which holds slightly more than 25%. Evonik said early last year it plans to list within the next 15 months, but postponed a first attempt in September because of financial and capital market uncertainty. An IPO would reportedly raise EUR4 billion-EUR5 billion. By Eyk Henning, Dow Jones Newswires, Dow Jones Newswires; +49 69 29725 108; eyk.henning@dowjones.com

Stock News for Cablevision System (CVC)
DateTimeHeadline
02/27/201518:27:25Ditching Your Smartphone Bill and Going Wi-Fi Only
02/25/201514:09:07Cablevision CEO Plays Down Business Effect of FCC Proposal...
02/25/201509:54:55Cablevision Continues to Lose Subscribers, But Revenue Rises...
02/25/201509:20:06Cablevision Continues to Lose Subscribers, But Revenue Rises
02/17/201516:49:40MARKET SNAPSHOT: S&P 500 Ekes Out Second Record Close This Year
02/17/201514:29:33MARKET SNAPSHOT: S&P 500 Hits Intraday Record As Greek Debt-extension...
02/17/201511:43:35MARKET SNAPSHOT: U.S. Stocks Under Pressure; S&P 500 Off Record...

Cablevision System and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad