Vestas Wind Systems A/S (VWS) is seeking to sell a stake of as much as 20 percent and said it’s reducing headcount by 3,000 to raise the staff cuts by the biggest wind turbine maker to almost a third over two years…
“What’s important is that we have investors who understand the company, the segment that we are working in and also have a longer-term view,” Andresen said in an interview from Vestas’s headquarters in Aarhus, Denmark. He and Chief Executive Officer Ditlev Engel declined to discuss talks announced in August about a potential “strategic cooperation” with Mitsubishi Heavy Industries Ltd. (7011)…
Choosen excerpts by JMM from
via Vestas Seeks 20 Percent Stake Sale, Cuts 3,000 More Jobs – Businessweek.
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