REpower's Boards Accept Suzlon's Latest Takeover Offer

NAW Staff, Wednesday 18 April 2007 - 10:37:23

The supervisory and management boards of REpower Systems AG, a Germany-based wind turbine manufacturer, have approved Suzlon's most recent takeover price of 150 euros per share. Both Suzlon and AREVA Group SA have been bidding for REpower, and Suzlon's latest offer was 10 euros per share higher than AREVA's last offer. (See "Suzlon Increases Its Share Offering For REpower Systems.")



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