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Chinese solar makers exit Wall Street as valuations slide, shares underperform

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Published Tue, Dec 15, 2015 · 09:50 PM

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    New York

    WITH its market value slumping, the world's biggest photovoltaic manufacturer is moving to go private, the second solar company this year and probably not the last.

    Trina Solar Ltd announced a buyout bid Monday from founder Jifan Gao that offers shareholders a 21.5 per cent premium. JA Solar Holdings Co, the fifth-largest panel maker, received a similar offer in June.

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