Suzlon to retire Rs 5,000-cr debt from Senvion proceeds
Wind turbine maker Suzlon Energy Thursday said it has completed sale of its German arm Senvion to the US-based Venture Capital fund Centerbridge Partners, and it will retire Rs 5,000 crore of its Rs 16,500-crore debt.
Apr 30, 2015, 22:37 PM ISTSuzlon soars 20% on Shanghvi deal; adds Rs 1,089 cr to m-cap
Shares of wind turbine maker Suzlon Energy today surged nearly 20 per cent, adding Rs 1,089 crore to its market value, following definitive pacts with Dilip Shanghvi Family and Associates (DSA) for equity investments of Rs 1,800 crore.
Feb 16, 2015, 23:38 PM ISTSuzlon shares continue to fall; down 7% on revenue worries
Extending yesterday's sharp losses, shares of Suzlon Energy slumped nearly 7 percent Friday after the company announced the sale of its German subsidiary for 1 billion euros (USD 1.2 billion) to pare its mounting debt.
Jan 23, 2015, 19:22 PM ISTSuzlon sells German unit Senvion for $1.2 billion to cut debt
Suzlon Energy, one of the world's largest wind-turbine makers, Thursday announced the sale of its German subsidiary for 1 billion euros (USD 1.2 billion) to pare its mounting debt.
Jan 22, 2015, 20:52 PM ISTSuzlon shares soar 16% on Senvion sale rumours; co denies
Suzlon Energy shares Wednesday surged over 16 percent amid reports that the company is looking to sell its German subsidiary Senvion even as the wind turbine maker termed them as "false and speculative".
Jan 07, 2015, 21:23 PM ISTSuzlon Energy denies German unit sale report
Suzlon Energy Ltd said a media report on Wednesday that the wind turbine maker was in talks with potential buyers for an about $2.5 billion sale of its German unit was "baseless and false".
Jan 07, 2015, 20:36 PM IST