China Development Bank-led consortium takes stake in LDK Solar subsidiary
LDK Solar Co., a Jiangxi-headquartered manufacturer of solar energy-related wafers, has sold a 18.46% stake of its polysilicon manufacturing division to a consortium of investors, led by China Development Bank Capital Corporation, for $240 million.
The investors include the China Development Bank Capital Corporation, a subsidiary of the China Development Bank Corporation; Excel Rise Holdings Limited; Prosper East Limited; the China Construction Bank...
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