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Reports: Warren Buffett mulling Suntech bid

2013-04-09 11:49:00| Climate Ark Climate Change & Global Warming Newsfeed

BusinessGreen: Shares in troubled Chinese solar manufacturer Suntech Power leapt 28 per cent yesterday on unconfirmed reports that US billionaire Warren Buffett was considering a bid for the company. Citing an unidentified source, a news service owned by Hong Kong Economic Times reported that Buffett's MidAmerican Energy Holdings was mulling an acquisition of the manufacturer. A number of other Chinese solar firms -- including Trina Solar which separately announced that it would return to profitability during...

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