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New Deal


Announced

Acquisition by Hanwha Solar Holdings Co Ltd of Hanwha Q CELLS Co Ltd for $825m

Financials

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Transaction Value£37m
Consideration TypeCash
Capital Owned94%
Capital Bid For6%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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manufacturing

photovoltaic modules

photovoltaic cells

Renewable Energy Equipment

South Korea

Public

Acquisition

Single Bidder

Merger

Synopsis

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Subsidiary of Hanwha Chemical Corporation, Hanwha Solar Holdings Co Ltd agreed to take private Hanwha Q CELLS Co Ltd by acquiring all of the outstanding shares of the company for $825m. The merger consideration represents a premium of 50.0% to the closing price of the Company's ADSs on August 2, 2018.

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