Suzlon – India’s biggest wind turbine group and the global number five – is in the final stages of a legal ‘squeeze-out’ in Germany to acquire the handful of outstanding shares it does not own in REpower and take full control of the manufacturer.
Asked if the company has any plans to combine the two globally under the REpower name, Suzlon chief financial officer Robin Banerjee says: “We may do so if it adds value.
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