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New Deal


Announced

Hanwha Q CELLS to acquire a 66% stake in Lynqtech from enercity.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For66%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

Pending

energy solutions

Friendly

Digital Services

digital solutions

Cross Border

modular cloud energy

Acquisition

Majority

Germany

Private

Synopsis

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Hanwha Q CELLS, a major manufacturer of photovoltaic solar cells, agreed to acquire a 66% stake in Lynqtech, a German energy trading service company, from enercity, Germany's largest energy provider. Financial terms were not disclosed. The goal is to expand its business portfolio from manufacturing solar energy panels and modules to software-powered services, according to Hanwha Q Cells.

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