Shunfeng Photovoltaic will pay approximately $492 million to acquire the Wuxi Suntech Power unit from Suntech Power Holdings Co. Ltd. (NYSE: STP). The stock price gained 22 cents to close at $1.54.
Shunfeng Photovoltaic To Buy Suntech’s Wuxi Unit
November 04, 2013 at 10:56 AM EST
