Edition:
United Kingdom

Canadian Solar Inc. Announces Receipt Of A Preliminary, Non-Binding "Going Private" Proposal Letter From CEO


Monday, 11 Dec 2017 

Dec 11 (Reuters) - Canadian Solar Inc ::CANADIAN SOLAR INC. ANNOUNCES RECEIPT OF A PRELIMINARY, NON-BINDING "GOING PRIVATE" PROPOSAL LETTER FROM ITS CHAIRMAN, PRESIDENT AND CHIEF EXECUTIVE OFFICER AND FORMATION OF AN INDEPENDENT SPECIAL COMMITTEE.CANADIAN SOLAR INC. ANNOUNCES RECEIPT OF A PRELIMINARY, NON-BINDING "GOING PRIVATE" PROPOSAL LETTER FROM ITS CHAIRMAN, PRESIDENT AND CHIEF EXECUTIVE OFFICER AND FORMATION OF AN INDEPENDENT SPECIAL COMMITTEE.CANADIAN SOLAR - RECEIVED PROPOSAL LETTER TO ACQUIRE ALL SHARES OF CO NOT ALREADY BENEFICIALLY OWNED BY QU AND HANBING ZHANG FOR US$18.47 PER SHARE​.