Vestas eyeing major Chinese acquisition
The wind turbine manufacturer has secret plans to put its money to work and conquer the Chinese market from within.
BY KASPER BRØNDGAARD ANDERSEN, FINANS
While Vestas' top management insists that the Danish wind turbine manufacturer will primarily grow on its own service, it is secretly probing to gain a solid foothold in the world's largest wind power market by entirely or partly taking over United Power, one of China's largest wind turbine manufacturers.
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