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REC Silicon ASA ( (RNWEF) ) has issued an update.
Anchor AS, a subsidiary of Hanwha Global Americas Corporation, has successfully acquired approximately 42.91% of REC Silicon ASA’s shares through a voluntary all-cash offer, significantly increasing its stake in the company. This acquisition triggers a mandatory offer to purchase the remaining shares, potentially altering the company’s ownership structure and impacting its strategic direction in the renewable energy sector.
The most recent analyst rating on (RNWEF) stock is a Hold with a NOK8.00 price target. To see the full list of analyst forecasts on REC Silicon ASA stock, see the RNWEF Stock Forecast page.
More about REC Silicon ASA
REC Silicon ASA operates in the renewable energy industry, focusing primarily on the production of silicon materials for solar and electronic applications. The company is a key player in the polysilicon market, serving a global clientele with its high-purity products.
Average Trading Volume: 1,917,986
Current Market Cap: NOK901M
For detailed information about RNWEF stock, go to TipRanks’ Stock Analysis page.