Thyssenkrupp's hydrogen division Nucera aims to list in autumn (updated)
23/06/2022 14:27
(Adds spokesperson comment)
ROME, June 23 (Reuters) - The Nucera hydrogen division of
Germany's Thyssenkrupp TKAG.DE aims to list in autumn, the
Chief Financial Officer of Italy's electrode maker De Nora
IPO-DENR.MI Matteo Lodrini said on Thursday.
Thyssenkrupp on Friday said it would not pursue an initial
public offering (IPO) of Nucera for the moment, amid a volatile
market that has already delayed numerous listings. urn:newsml:reuters.com:*:nL8N2Y42K2
Nucera, which plans and engineers electrolysers to produce
hydrogen, is a 66-34 joint venture between ThyssenKrupp and
family-controlled De Nora, itself an IPO candidate.
"We continue to aim for an IPO of Nucera. The decision for a
possible IPO still also depends on the market environment, so we
continue to review all options," a Thyssenkrupp spokesperson
said in an emailed comment, after the De Nora CFO remark.
(Reporting by Francesco Zecchini, additional reporting by Tom
Kaeckenhoff in Duesseldorf, writing by Giulia Segreti, editing
by Federico Maccioni and Nick Zieminski)
((Giulia.Segreti@tr.com; +39.06.80307714;))