Suntech rises on buyout rumors
By Xie Yu in Shanghai | China Daily | Updated: 2013-04-10 08:00
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Workers assemble solar panels at Wuxi Suntech, which defaulted on a $541 million bond repayment in March, in Jiangsu province. Experts say that a possible acquisition by Warren Buffett is very likely due to the billionaire's investment habits and would be a win-win situation. Provided to China Daily |
Reports say Buffett 'very likely' to purchase troubled solar panel firm
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