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China Daily | Updated: 2008-09-09 07:56
Share sale plans
Schott Solar AG, the German maker of components for solar thermal plants that is going public, aims to raise as much as 500 million euros in a share sale to finance expansion in the United States and Spain.
Schott Solar plans to sell as many as 28 million new shares and the owners aim to sell 5.6 million old shares, the Alzenau-based company said in a statement on its website yesterday. An additional 5.04 million old shares will be sold in the case of extra demand.
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