💙 🔷 Not impressed by Big Tech in Q3? Explore these Blue Chip Bargains insteadUnlock them all

BRIEF-Canadian Solar Inc Gives Update On "Going Private" Proposal

Published 2018-11-05, 07:36 a/m
BRIEF-Canadian Solar Inc Gives Update On "Going Private" Proposal
CSIQ
-

Nov 5 (Reuters) - Canadian Solar Inc CSIQ.O :

* UPDATE ON "GOING PRIVATE" PROPOSAL

* CANADIAN SOLAR INC - UPDATE ON "GOING PRIVATE" PROPOSAL

* CANADIAN SOLAR INC - SHAWN QU HAS AGREED TO WITHDRAW PROPOSAL LETTER AND PROPOSED TRANSACTION WITH IMMEDIATE EFFECT

* CANADIAN SOLAR INC - SPECIAL COMMITTEE, FORMED TO REVIEW CHAIRMAN QU'S PROPOSAL, HAS INFORMED QU OF RECOMMENDATION

* CANADIAN SOLAR - NOTWITHSTANDING HIS WITHDRAWAL OF TRANSACTION, QU ADVISED BOARD THAT HE REMAINS INTERESTED IN ACQUIRING CO IN A "GOING PRIVATE" DEAL

* CANADIAN SOLAR INC - QU MAY CONTINUE TO EXPLORE WAYS TO SECURE FINANCING AND PROPOSE ANOTHER ACQUISITION TRANSACTION TO BOARD

* CANADIAN SOLAR - SPECIAL COMMITTEE ALSO RECOMMENDED TO BOARD A REVIEW BE CARRIED OUT OF OTHER STRATEGIC ALTERNATIVES INDEPENDENT OF PROPOSED DEAL

* CANADIAN SOLAR INC - "SIGNIFICANT CHANGES" HAVE TAKEN PLACE IN SOLAR INDUSTRY SINCE CEO QU'S PROPOSED DEAL IN DEC 2017

* CANADIAN SOLAR INC - THERE IS "UNCERTAINTY" SURROUNDING QU'S ABILITY TO SECURE FINANCING FOR HIS DEC 2017 OFFER

* CANADIAN SOLAR INC - SPECIAL COMMITTEE RECOMMENDS TO BOARD DISSOLUTION OF SPECIAL COMMITTEE

* CANADIAN SOLAR - COMMITTEE RECOMMENDS NOT TO UNDERTAKE A REVIEW OF ANY FUTURE "GOING PRIVATE" PROPOSALS BY QU UNLESS THEY ARE FULLY FINANCED

* CANADIAN SOLAR INC - SPECIAL COMMITTEE RECOMMENDS BOARD TO CEASE ITS REVIEW OF PROPOSED TRANSACTION PUT FORWARD BY QU IN 2017

* CANADIAN SOLAR INC - QU HAD MADE A $18.47 "GOING-PRIVATE" PROPOSAL IN HIS DEC 9, 2017 LETTER TO BOARD

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.