Qatar Foundation To Reportedly Acquire Solarworld Factories
July 27, 2017 at 12:00 am EDT
Qatar Foundation, Endowment Arm is looking to acquire the factories of SolarWorld Aktiengesellschaft (XTRA:SWVK) in Freiberg and Arnstadt, Germany, Handelsblatt reports. Industry sources have told Handelsblatt that the Qatari investors are discussing the matter with SolarWorld's insolvency administrator, Horst Piepenburg. A day earlier, Piepenburg unveiled he was holding talks with group of investors regarding the takeover of the factories, but did not disclose the names of the suitors.