BMW heir wants Solarwatt21. May 2012 | Industry & Suppliers, Markets & Trends | By: Sandra Enkhardt
BMW heir, Stefan Quandt has expressed his interest in Dresden-based Solarwatt. Germany’s Federal Cartel Authority is currently examining the takeover proposal.
According to a list published on May 15 on the Federal Cartel Authority’s website, Quandt wants to have "sole control over Solarwatt AG". Currently, he holds a 36.3 percent stake in the photovoltaic company.
In response to questions posed, Solarwatt would only confirm that discussions were ongoing. The outcome is still open, spokeswoman, Sabine Penawa told pv magazine.
Translated by Becky Stuart.
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