AREVA Offers Shares of REpower Systems AG

Hamburg, Germany [RenewableEnergyAccess.com] The largest shareholder of REpower Systems AG, French AREVA S.A., plans a friendly takeover offer to shareholders of REpower Systems AG, manufacturer of onshore and offshore wind turbines. “REpower and AREVA have successfully worked together in various business fields for a long time and we have also known the company as our major shareholder with a stake of nearly 30 percent for over one year,” said Prof. Fritz Vahrenholt, REpower’s CEO.
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