US EditionWater Street Capital Statement on REC Silicon
- Water Street Capital aims to maximize shareholder value for all REC Silicon stockholders.
- The newly elected REC Board was unaware of Hanwha's restrictions on seeking outside financing, impacting shareholder interests.
- According to the REC Board, Hanwha has threatened legal action against board members for non-compliance with alleged duties.
- Water Street supports the Board's view that the offer does not reflect REC Silicon's underlying value and future potential in the alternative energy industry.
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32 Articles
Water Street Capital Statement on REC Silicon
JACKSONVILLE, Fla., Aug. 29, 2025 /PRNewswire/ -- Water Street Capital, Inc. ("Water Street"), a long-term, value-oriented private investment firm, today issued the following statement: ...Full story available on Benzinga.com
·New York, United States
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There is little indication that Korean Hanwha will get much above a 50 percent stake when the mandatory bid expires on Friday afternoon. So what will be the next move from chairman Kim Seung-youn?
·Oslo, Norway
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Total News Sources32
Leaning Left4Leaning Right3Center9Last UpdatedBias Distribution56% Center
Bias Distribution
- 56% of the sources are Center
56% Center
L 25%
C 56%
R 19%
Factuality
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