Suzlon 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 IST
Suzlon slips on revenue worries post Euro 1-billion sale of Senvion
Shares of Suzlon Energy slumped 7.5 percent on Thursday after the wind turbine maker announced the sale of its German unit, Senvion SE to US firm Centerbridge Capital Partners LLC for 1 billion euros to cut debt.
Jan 22, 2015, 18:36 PM IST
Suzlon Energy to sell German unit for $1.16 billion
Wind turbine maker Suzlon Energy Ltd said it had agreed to sell its German unit Senvion SE to Centerbridge Partners LP for 1 billion euros ($1.16 billion) in an all-cash deal that will help the group reduce its debt.
Jan 22, 2015, 10:17 AM IST
