November 5, 2018 / 12:15 PM / 12 days ago

Canadian Solar rejects CEO's offer to take company private

Nov 5 (Reuters) - Canadian Solar has rejected an offer from its Chief Executive Officer Shawn Qu to take the solar module maker private.

The company will not review any future going-private deal proposed by Qu unless its board receives "reasonable evidence" that the transaction is fully financed, Canadian Solar said on Monday. (Reporting by John Benny in Bengaluru Editing by Sai Sachin Ravikumar)

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