AP Moller and Norlys could exit the hydrogen production technology developer in a Nasdaq Copenhagen offering expected to raise $164m.

Green Hydrogen Systems (GHS), a Denmark-based hydrogen production technology developer backed by shipping group AP Moller and energy utility Norlys Holding, plans to raise DKK1bn ($164m) in an initial public offering. The company announced last week it intends to list its shares on the Nasdaq Copenhagen market. New and existing investors have signalled their intention…

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