Wintershall DEA targets jumbo IPO in 2020

Aidan Gregory

May 02, 2019 11:00 am

Wintershall_alamy_230x150 — DAJH64 (FILE) An archive photo dated 12 August 2010 shows an employee from the company Wintershall Holding GmbH a petroleum tank in Landau, Germany. The oil reserves in Rheinland-Palatinate have been adjusted markedly higher. Photo: Ronald Wittek | Alamy Stock Photo

BASF’s oil and gas unit Wintershall and rival DEA have completed their merger, creating the largest independent oil and gas company in Europe, paving the way for a blockbuster IPO on the Frankfurt Stock Exchange in 2020.

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Deutsche Bank Equity IPOs Germany Equity Europe EMEA

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Aidan Gregory