Thyssenkrupp CFO: possible listing of Nucera would take place in H1

FRANKFURT (Reuters) – Thyssenkrupp will list its hydrogen division Nucera in the first half of 2022 if it decides in favour of such a move, Chief Financial Officer Klaus Keysberg said on Thursday.

“If we decide in favour of a stock market flotation, we will execute it shortly thereafter,” he told journalists after presenting first-quarter results.

“We have mentioned the first half and we’re sticking with that.”

Thyssenkrupp last week said that it wanted to decide on a potential initial public offering of Nucera, a 66-34 joint venture with Italy’s De Nora in the first half, sounding a more cautious tone on the timing.

(Reporting by Christoph Steitz; Editing by Riham Alkousaa)

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