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    Wintershall Dea becomes joint-stock company

Summary

The step was agreed at the time of its formation through the merger of Wintershall and Dea in 2019.

by: Joseph Murphy

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Complimentary, Natural Gas & LNG News, Europe, Corporate, Financials, News By Country, Germany

Wintershall Dea becomes joint-stock company

German gas supplier Wintershall Dea has converted itself from a limited liability to a joint stock company, it announced on July 27, in another step that was agreed at the time of its formation through the merger of Wintershall and Dea in 2019.

Wintershall Dea, majority-owned by German chemicals giant BASF, released its second-quarter results earlier today, reporting a 140% surge in core earnings on the back of higher gas prices.