Tongwei originally intended to invest CNY 5 billion ($700 million) to buy a 51% stake in Runergy. Tongwei, a vertically integrated solar manufacturer in China, has decided to drop its plan to acquire a controlling stake in China-based module producer Runergy. The move marks the end of a potential $700 million deal, which had been in the works for six months. Tongwei originally intended to invest CNY 5 billion ($700 million) to buy a 51% stake in Runergy. However, in a statement released, the company said it would terminate its non-binding capital increase agreement with Runergy, effectively ending ...Den vollständigen Artikel lesen ...
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