Chinese Solar Module Supplier Trina is Going Private and Exiting the NYSE

By [email protected] Trina Solar, a China-based vertically integrated solar module manufacturer, went public on the New York Stock Exchange in December 2006 and became one of the globe’s top five solar suppliers. Now, a decade later, the company is going private.

As part of the going private process, Trina is merging with Fortune Solar Holdings and Red Viburnum in an all-cash transaction that suggests an equity value of approximately $1.1 billion. According to a press release, “The merger consideration represents a premium of 21.5 percent to the closing price of the Company’s ADSs on December 11, 2015.” The investor consortium includes Shanghai Xingsheng

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