Suzlon sold the stake via a secondary placement priced at £0.95 per share through its wholly owned subsidiary AE Rotor. The Pune, India-based Suzlon still owns 26% of Hansen, and legally cannot sell the remainder for at least six months.
Suzlon snapped up Hansen for €465m in 2006 as part of a wider acquisition spree, in a high-profile deal touted by many being symbolic of the global future of the wind industry.
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