Ldk Solar Enters Into Usd240m Agreement with Investors for Minority Stake in Polysilicon Business

Summary


EQUITYBITES-(C)2011 M2 COMMUNICATIONS

LDK Solar Co Ltd (NYSE:LDK) and its wholly owned polysilicon manufacturing subsidiaries have entered into a definitive agreement with certain investors for a minority stake in LDK Silicon & Chemical Technology Co Ltd, a wholly owned subsidiary of LDK Solar incorporated in the Cayman Islands.

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Extract


Ldk Solar Enters Into Usd240m Agreement with Investors for Minority Stake in Polysilicon Business

The investors are China Development Bank Capital Corporation Ltd, a wholly owned subsidiary of China Development Bank Corporation, Excel R...

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