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Suzlon ups REpower bid to euro 150/shr

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BS Reporter Mumbai
Suzlon ups REpower bid to euro 150/shr
BS Reporter / Mumbai April 10, 2007
Wind energy major Suzlon Energy has raised its bid for German wind turbine-maker REpower Systems AG to 150 euro per share. By increasing its offer by more than 19% over from its earlier offering of 126 euro, Suzlon has topped the offer of 140 euro per share made by French nuclear power company Areva.

Suzlon acquired 7.7% of REpower

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First Published: Apr 10 2007 | 4:45 PM IST

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