www.pv-magazine.com/2017/11/27/...-americas-ceo-jurgen-stein/
pv magazine: SolarWorld Americas has confirmed in the past that the company is currently looking for an investor to replace the former parent, SolarWorld AG. Are there any potential investors that you can discuss, and how long do you have to find one?
Stein: I hope that you will understand that I cannot speak in detail about this process. We have been very transparent that we are in a merger and acquisition process. We have said from the first day that there is not any defined timeline. The need for an M&A process simply came out of the fact that our parent company, SolarWorld AG, went bankrupt in May as a result of global overcapacity and unfair competition, and as a result, we have to find a new setup.
We are still under SolarWorld AG, which is under insolvency at the moment. From the organizational structure, we now need to see what will be the best structure for SolarWorld in the future.
This can be a merger, it can be an acquisition, it can be a position that we stay independent as we operate at the moment. We have a great lender structure that supported us and put money into this company when it was needed this year. There is no pressure or dedicated timeline. We will make that decision in the best interests of SolarWorld Americas and the industry that we are fighting for.