Thyssenkrupp launches IPO of its hydrogen unit as part of Green Push

German industrial giant ThyssenKrupp on Friday launched the IPO of its hydrogen division Nucera, one of the biggest European IPOs this year, as interest in the switch to green technologies mounts.

The share price started at 20.20 euros ($22 US) on the Frankfurt Stock Exchange, slightly above the stock’s introductory price, valuing the company at about 2.5 billion euros.

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German industrial giant ThyssenKrupp on Friday launched the IPO of its hydrogen division Nucera, one of the biggest European IPOs this year, as interest in the switch to green technologies mounts.

The share price started at 20.20 euros ($22 US) on the Frankfurt Stock Exchange, slightly above the stock’s introductory price, valuing the company at about 2.5 billion euros.

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