FRANKFURT (Reuters) - Germany's Thyssenkrupp on Friday said it would for now not pursue an initial public offering of its hydrogen division Nucera, citing the current market environment.
FRANKFURT (Reuters) – Germany’s Thyssenkrupp on Friday said it would for now not pursue an initial public offering of its hydrogen division Nucera, citing the current market environment.
The conglomerate still said that an IPO remained the preferred solution to grow the business, which is a 66-34 joint venture with Italy’s De Nora.
(Reporting by Christoph Steitz, Editing by Miranda Murray)
Reuters, the news and media division of Thomson Reuters, is the world’s largest international multimedia news provider reaching more than one billion people every day. Reuters provides trusted business, financial, national, and international news to professionals via Thomson Reuters desktops, the world's media organizations, and directly to consumers at Reuters.com and via Reuters TV. Learn more about Thomson Reuters products:
