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 |