By WoR Network Editor
Hanwha SolarOne Co., Ltd. (the "Company", or "Hanwha SolarOne"), a top-10 global photovoltaic manufacturer of high-quality, cost-competitive solar modules, today announced it has acquired 100% of the outstanding share capital of Hanwha Q CELLS Investment Co., Ltd ("Q CELLS") from Hanwha Solar Holdings Co., Ltd. ("HSH") in an all-stock transaction.
The transaction was approved by shareholders at the extraordinary general meeting of Hanwha SolarOne held on February 4, 2015, and was consummated today,February 6, 2015. Hanwha SolarOne has issued approximately 3.7 billion of its ordinary shares (the equivalent of approximately 740.2 million American Depositary Shares of Hanwha SolarOne) to HSH, as ...read more
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