Trina Solar Receives $986M Go-Private Proposal From CEO, Government-Backed Fund

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New York Stock Exchange-listed Chinese solar panel maker Trina Solar Ltd. says it has received a preliminary proposal from its chief executive Gao Jifang and a unit of government-backed Industrial Bank Co., Ltd. to take the company private at US$11.60 per American Depository Share (ADS), valuing the company at US$986 million, according to an announcement.

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