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SunPower to buy Tenesol for $165 mln in cash

* Total to buy 18.6 mln Sunpower shares in pvt placement

* After sale Total will own about 66 pct of SunPower

Dec 23 (Reuters) – U.S. solar panel maker SunPower Corp, a unit of French oil major Total, said it had agreed to buy Total-owned Tenesol for $165.4 million in cash in an expected deal that will regroup the French group’s solar business under one umbrella.

Full article here

Regards,

Don