Ming Yang has “not taken this step” and has “no such plans”, chairman Zhang Chuanwei tells Recharge.
The report cited unnamed sources as saying the Chinese company was currently seeking to buy Vestas for 1.5-2bn euros ($1.8-2.5bn). If successful, the transaction would be completed in September or October, it added.
An official from the regulator also confirmed Ming Yang’s acquisition plan, Caixin said.
But