The Online Investor



Semiconductors M&A image Semiconductors M&A » By The Online Investor Staff, updated Fri., Mar. 29, 10:23 AM Recent mergers and acquisitions in the Semiconductors M&A category.

Slide #20. Trina Solar Majority Stake in Hubei Hongyuan

Acquirer: Trina Solar (NASDAQ:TSL)
Acquiree: Majority Stake in Hubei Hongyuan
Details: Trina Solar Limited ("Trina Solar" or the "Company"), a global leader in photovoltaic ("PV") modules, solutions, and services, today announced that it has entered into an agreement with Shenzhen S.C. New Energy Technology Corporation ("Shenzhen S.C."), a leading solar equipment manufacturer, to acquire a majority stake in Shenzhen S.C.'s wholly-owned subsidiary, Hubei Hongyuan PV Science and Technology Co., Ltd., ("Hubei Hongyuan"), a specialized PV cell producer located in Xiantao, Hubei Province.

Trina Solar is an integrated solar power products manufacturer and solar system developer based in China with a global distribution network covering Europe, Asia, North America, Australia and Africa. Co. has integrated the manufacturing of ingots, wafers and solar cells for use in its PV module production. Co.'s PV modules provide reliable and environmentally-friendly electric power for residential, commercial, industrial and other applications worldwide. Co. also develops, designs, constructs, operates and sells solar power projects that primarily use the solar modules Co. manufacture. Co. has two reportable operating segments: manufacturing and solar power projects.

Open the TSL Page at The Online Investor »

Company Name: 
Trina Solar Ltd
Website: 
www.trinasolar.com
Sector: 
Semiconductors
Number of ETFs Holding TSL: 
2
Total Market Value Held by ETFs: 
$27467
 

Open the TSL Page at The Online Investor (in a new window) »

Quotes delayed 20 minutes

Email EnvelopeFree TSL Email Alerts:
Get SEC Filing Alerts
Get Dividend Alerts

Hold (2.00 out of 4)
50th percentile
(ranked higher than approx. 50% of all stocks covered)
Based on Zacks ABR data;
powered by Xignite

Semiconductors M&A - Slide 20 of 100 Page | www.TheOnlineInvestor.com

Copyright © 1998 - 2024, All Rights Reserved
Nothing in The Online Investor is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and stock market videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact The Online Investor; Meet Our Editorial Staff.