Thyssenkrupp has decided to postpone the initial public offering (IPO) of its hydrogen subsidiary Nucera.

Thyssenkrupp said on Friday in Essen that it has chosen not to go public at this time due to the present market climate. However, in order to profit from the business’s development potential for plants that produce “green hydrogen,” an IPO is still the ideal choice. The choice to go public, as previously, is based on the current state of the capital market.

Thyssenkrupp has decided to postpone the initial public offering (IPO) of its hydrogen subsidiary Nucera. Thyssenkrupp said on Friday in Essen that it has chosen not to go public at this time due to the present market climate. However, in order to profit from the business’s development potential for plants that produce “green hydrogen,” an IPO is still the ideal choice. The choice to go public, as previously, is based on the current state of the capital market.

Share.
Exit mobile version