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Chinese Solar Makers Bid Wall Street Goodbye Amid Sliding ADRs | Tony Seruga
Dec
14

Chinese Solar Makers Bid Wall Street Goodbye Amid Sliding ADRs

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  • Trina second Chinese solar company considering going private
  • `The market isn’t properly valuing these securities’

With its market value slumping, the world’s biggest photovoltaic manufacturer is moving to go private, the second solar company this year and probably not the last.

Trina Solar Ltd. announced a buyout bid Monday from founder Jifan Gao that offers shareholders a 21.5 percent premium. JA Solar Holdings Co., the fifth-largest panel maker, received a similar offer in June…

Chinese Solar Makers Bid Wall Street Goodbye Amid Sliding ADRs

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