Caixin OnlineBusiness & IndustryTop Stories Industry Chinese Wind Power Company Eyes Vestas' Assets
07.09.2012 19:43

Chinese Wind Power Company Eyes Vestas' Assets

Ming Yang Wind Power Group seeks to buy market-leading equipment maker
By staff reporters Pu Jun and Wang Xiaocong
a

(Beijing) — Chinese wind turbine manufacturer Ming Yang Wind Power Group is seeking to acquire the world's largest wind power equipment maker, Vestas Wind Systems, a source close to the situation says.

The source, who did not want to be named, said that Guangdong-based Ming Yang Wind Power may complete the transaction with the Danish company by October. The deal will be worth between 1.5 billion and 2 billion euros.

We hope you have enjoyed your free articles for the month
REGISTER to get 5 more free articles, or SUBSCRIBE to get full access to Caixin
Already a subscriber? Log in now
COMMENTS (0)
Sign up to receive our free daily newsletter

LATEST VIDEOS

Latest Issue
On the Cover:

Rise and Fall of a Coal Boomtown


Issue 83
November, 2014

POPULAR GALLERIES

SUBSCRIPTIONS

Caixin-China
Economics & Finance
Latest Issue:
Rise and Fall of a Coal Boomtown
Issue 83
11.01.2014

Subscribe       |       Newsletter        |        FAQ