India's Reliance Industries may acquire REC Solar - NewsBreak
By Yoongi in Business
Updated 3 years ago
Indian industrial conglomerate Reliance Industries is reportedly planning to acquire Norwegian solar module manufacturer REC Solar, which is a unit of Chinese chemical company ChemChina, according to several Indian media outlets. BusinessToday reported that the Indian group would be ready to pay $1 billion to $1.2 billion to acquire REC...