Li
says
talks
with
several
European
businesses
have
taken
place:
“We
have
approached
many
companies
like
REpower,
Nordex,
Kenersys,"
he
says.
“They
are
approaching
us,
we
approach
them.
This
is
a
small
industry,
people
know
each
other
so
people
talk
about
prospects.”
However,
Li
says
no
specific
talks
over
M&A
have
taken
place
with
Danish
turbine
giant
Vestas,
which
has
been
mentioned
as
a
takeover
target
for
Ming
Yang.
Li
says
takeovers
of
European
companies
by
Chinese
wind
turbine
manufacturers
are
likely
over
the
next
couple
of
years.
He
believes
important
synergies…