China's Haitian Group to buy PV business from Heraeus for $68.6 million

China's Haitian Group has agreed to acquire Heraeus' photovoltaic silver paste business for $68. 6 million, including 100% equity in Heraeus Photovoltaics (Shanghai), Heraeus Photovoltaic Technology (Shanghai), and Heraeus Photovoltaics Singapore. Chinese conglomerate Haitian Group has agreed to acquire Heraeus' photovoltaic silver paste business for CNY 502 million ($68. 6 million), marking a shift toward renewable energy. The deal, made through Haitian Solar, includes full equity stakes in Heraeus Photovoltaics (Shanghai), Heraeus Photovoltaic Technology (Shanghai), and Heraeus Photovoltaics ...

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