The
Indian
wind
group
today
told
the
Mumbai
Stock
Exchange
that
its
shareholding
has
now
passed
to
ZF
Friedrichshafen,
the
German
auto
engineering
group
that
is
acquiring
Hansen.
Suzlon
bought
Hansen
for
€465m
($668m)
in
2006
at
the
height
of
the
last
wind
turbine
boom,
to
ensure
a
steady
supply
of
gearboxes.
But
over
recent
years
the
Indian
turbine-maker
has
steadily
sold-off
parts
of
its
Hansen
stake
to
alleviate
its
own
debt
burden,
leaving
it
with
just
a
26%
interest
in
the
company
by
the
time
ZF
made
its
£448m
offer
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