Thyssenkrupp Nucera launches €600m IPO

June 12, 2023

German conglomerate Thyssenkrupp has launched an initial public offering of its hydrogen division Nucera to raise €600m via the sale of new shares.

The subsidiary, Thyssenkrupp Nucera, is a 66:34 joint venture between Thyssenkrupp and Italian multinational De Nora. The listing could value the joint venture at around €5bn, and could happen this week.

Read more