The
Korean
conglomerate’s
offer
for
the
insolvent
solar
group
was
today
approved
by
a
“large
majority”
at
a
meeting
of
Q-Cells’
creditors
in
Germany,
says
a
statement.
The
creditors
stood
behind
the
deal
signed
by
Hanwha
and
Q-Cells’
administrator
this
weekend
–
before
the
unexpected
late
appearance
of
a
counter-bid
led
by
Spanish
PV
group
Isofoton.
The
Korean
group
had
offered
to
pay
55bn
won
($48.4m)
in
cash
for
Q-Cells,
and
take
on
debts
worth
around
300bn
won.
A
statement
from
Q-Cells
after
today’s
decision
says
there
will
be
a…
