One of the leading Indian wind turbine maker Suzlon said on June 6, 2009 it has completed buying Martifier's stake in Germany's REpower Systems for $122 m.
In a notification to the Bombay Stock Exchange(BSE), Suzlon Energy, the world's fifth-biggest wind turbine maker, said after the completion of this deal, it now holds 90.72% of shares and voting rights in REpower Systems."The achievement of the purchase of Martifer's stake in REpower is a big milestone for Suzlon," Tulsi Tanti, chairman and managing director of Suzlon Energy, said in a statement.
Suzlon paying final due for REpower Systems
Posted by Unknown at 6:28 PM
Labels: Germany's REpower Systems, suzlon future, Suzlon paying final due for REpower Systems, Wind turbine industries
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