Deutsche Bank, the US bank Citi, and the Swiss major bank UBS have apparently been commissioned to help prepare for a potential stock market listing for Uniper. According to reports from Handelsblatt, citing several individuals familiar with the matter, the three institutions have been selected to act as global coordinators for the gas concern’s possible return to the stock exchange. The banks declined to comment on the story.
The German federal government recently announced its search for new owners for approximately 75 percent of its shares. This stock market listing, or Initial Public Offering (IPO), is being advanced in parallel with the complete sale of the majority stake-a strategy known as a “Dual Track.” However, the timeline for the IPO is highly ambitious. Financial circles currently predict that the earliest possible period for the listing would be in early 2027. It is anticipated that the 75 percent stake will have to be brought to market in several stages, with time gaps between each release. Consequently, the federal government has no guarantee that the sale of the 75 percent stake will be completed by 2028.
