Flexible Electronics News

Q.CELLS Creditors Approve Sale to Hanwha

Intends to take over major parts of the Q.CELLS Group.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

As communicated in the Ad-hoc Disclosure Notice dated Aug. 26, 2012, a purchase and transfer agreement in respect of virtually all of the business operations of Q-Cells SE was entered into on Aug. 26, 2012 with a business belonging to the Korean Hanwha Group. This agreement was subject to the consent of the creditors’ meeting of Q-Cells SE. The creditors’ meeting of Q-Cells SE consented to the purchase and transfer agreement Aug. 29, 2012. On the basis of the purchase and transfer agreemen...

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