Bluestar Elkem Investment to Acquire REC Solar - Deal Analysis

Bluestar Elkem Investment to Acquire REC Solar - Deal Analysis
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Summary

Bluestar Elkem Investment (Bluestar Elkem), a division of the state-owned China National Chemical Corporation (ChemChina), has entered into an agreement to acquire REC Solar, a manufacturer of solar wafers, cells, and panels, for a purchase consideration of NOK4.3 billion ($637.2m). The acquisition will enable Bluestar Elkem to expand its presence in the western solar power industry.

Scope

  • Key drivers of the deal for BlueStar Elkem and REC Solar
  • Company overview of the companies involved

Reasons to Buy

  • The report gives insights into the rationale behind the deal
  • The report helps understand the benefits of the deal to BlueStar Elkem and REC Solar

Date Published

December, 2014

Format / Pages

PDF / 5