German electrolyser provider thyssenkrupp nucera has today (June 12) announced intentions to list its shares on the regulated marker of the Frankfurt Stock Exchange.
Set to go through an Initial Public Offering (IPO), thyssenkrupp has said the offering is expected to consist primarily of newly listed shares from a capital increase. The proceeds of the primary offering are anticipated to be between €500m and €600m ($537m and $645).
thyssenkrupp AG does intend to remain a “committed shareholder” of the company and says it will retain a majority stake in the hydrogen technology provider.
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