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Suntech announces petition of insolvency and restructuring of China subsidiary

Press release; Jackie Chang, DIGITIMES Asia Thursday 21 March 2013 0

China-based large-size solar firm Suntech Power Holdings announced that on March 18, 2013, a group of eight China-based banks filed a petition for insolvency and restructuring of its China subsidiary Wuxi Suntech Power Holdings (Wuxi Suntech) in the...

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