Re: Shell buyz out Siemens
[RE-wrenches]
The respective companies' press releases
about the change are at:
Siemens:
http://www.siemenssolar.com/012302.html
Shell:
http://www2.shell.com/home/Framework?siteId=home&FC1=&FC2=&FC3=%2Fhtml%2Fiwg
en%2Ftopstories%2Frnw_solar_jv_0123_1145.html&FC4=&FC5=
Both say the same thing.
Allan @Pos Energy
> Good news about Shell. I really hope they do something with the
company. I
> was so excited when Siemens bought Arco Solar and was totally
underwhelmed
> by the way the never integrated it into their corporation.
>
> Bill.
January 23, 2002 --- Shell Renewables (Shell), Siemens AG
(Siemens) and E.ON Energie AG (E.ON) announced today that Shell
intends to acquire all the shares held by Siemens and E.ON in
their solar photovoltaic (PV) joint venture company, Siemens und Shell
Solar GmbH. The combined business, to be 100% owned by
Shell, will be known as Shell Solar with full corporate integration
taking place over the next six months. The deal subject to
relevant regulatory approvals.
I hope the Italics and bold comes through. This sale only affects
the European business. The Siemen link is easier to use. Paul
Wilkins
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