SMA declined to comment, but did say its chief executive, Günther Cramer, has no intention of selling his almost 20 percent share of the company.
Investment bank Merrill Lynch additionally placed SMA on its Most preferred list for solar, thus making the company the most attractive investment in the sector. The reasons cited were a high return on investment and good financial liquidity, according to the banks evaluation.
First Solar could not be reached for comment.
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