Vestas' MHI takeover deal reaches final close

The agreement between Vestas and Mitsubishi Heavy Industries (MHI) is now a reality, with the former now taking over the latter's entire offshore wind business, while MHI has acquired a stake and board seat at the Danish OEM.

by MATHIAS JULIUS FALKENGAARD

The takeover deal announced in October between Vestas and Mitsubishi Heavy Industries (MHI) is now a reality, both parties confirm Monday morning.

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