Hydrogen firm Nucera has priced its
initial public offering at 20 euros per share, implying
a market capitalisation of around 2.5 billion euros, the company
said in a statement on Wednesday. .
The company and its shareholders, Germany's ThyssenKrupp and Italy's De Nora, expect to raise up to 605 million euros through the IPO, making it one of Europe's largest so far this year. The stock is due to start trading on Friday on the Frankfurt Stock Exchange. "We are proud that in terms of placement volume ThyssenKrupp Nucera is the largest global hydrogen IPO of all times," Nucera's chief executive, Werner Ponikwar, said in the statement.
ThyssenKrupp s Nucera Valued at 2 5 Billion Euros in IPO usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
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(Reuters) - Hydrogen firm ThyssenKrupp Nucera has priced its initial public offering at 20 euros ($21.72) per share, implying a market capitalisation .