US EditionStoreier Has Received Bid Acceptance for 41.46 Percent of the Shares in Rec Silicon
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[Digital Daily Reporter Hwang Dae-young] The conflict between Hanwha Group and hedge funds surrounding REC Silicon, a Norwegian silicon manufacturer that it is pursuing a 100% acquisition of, is intensifying. Ahead of the extraordinary general meeting of shareholders to be held on the 25th (local time), Hanwha sent an open letter supporting the existing board of directors and filed an application to a U.S. court to invalidate the hedge fund's re…
The announcement comes hours before a crucial general meeting at the company.
·Oslo, Norway
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