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Thyssenkrupp CFO: IPO of Nucera could take place in H1 – Metro US

Thyssenkrupp CFO: IPO of Nucera could take place in H1

FILE PHOTO: A logo of Thyssenkrupp AG is pictured at
FILE PHOTO: A logo of Thyssenkrupp AG is pictured at the company’s headquarters in Essen

FRANKFURT (Reuters) – Thyssenkrupp Chief Financial Officer Klaus Keysberg on Wednesday confirmed the timeline for a planned listing of hydrogen division Nucera, saying an initial public offering could take place by the end of June.

Nucera is a 66-34 joint venture between Thyssenkrupp and Italy’s De Nora.

(Reporting by Christoph Steitz; Editing by Maria Sheahan)