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Breakingviews – Markets bring Italy’s hydrogen IPO back to earth
De Nora’s bold IPO ambitions just took a cold shower. The Italian group of hydrogen components, electrodes and water treatments has set the price for its planned market listing at between 2.7 billion euros and 3.3 billion euros. That’s a reduction of at least 27% from earlier expectations of at least 4.5 billion euros .

Breakingviews – Markets bring Italy’s hydrogen IPO back to earth

De Nora’s bold IPO ambitions just took a cold shower. The Italian group of hydrogen components, electrodes and water treatments has set the price for its planned market listing at between 2.7 billion euros and 3.3 billion euros. That’s a reduction of at least 27% from earlier expectations of at least 4.5 billion euros .