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28 Feb
20:29

Nel explores spin-off, separate listing of fuelling unit

Norwegian electrolyser manufacturer Nel said Wednesday it is considering splitting its Fuelling division to create two independent pure-play companies, Kallanish notes. The plan had already been shared by the company a year ago, in its Q4 2022 report. Now, the company is exploring spinning off the division as a dividend-in-kind to all existing Nel ASA shareholders. It would also apply for listing of the shares of the separate fuelling company on an OSE-regula…
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