As of 11:29 AM 05/22/13 All times are local (Market data is delayed by at least 15 minutes).
Shanghai%20QianJiang%20Group%20signed%20a%20purchase%20agreement%20to%20acquire%20LDK%20Anhui%20from%20LDK%20Solar%20Co.%2C%20Ltd.%20%28NYSE%3ALDK%29%20for%20CNY%2025%20million%20on%20January%202%2C%202013.%20According%20to%20the%20terms%20of%20the%20agreement%2C%20Qianjiang%20Group%20will%20release%20the%20guarantee%20LDK%20Solar%20provided%20to%20LDK%20Anhui%20and%20its%20subsidiaries%20within%2012%20months%2C%20as%20well%20as%20compensate%20LDK%20Solar%20for%20any%20loss%20associated%20with%20such%20guarantee%2C%20prior%20to%20its%20release.%20As%20of%20September%2030%2C%202012%2C%20LDK%20Anhui%20carried%20consolidated%20negative%20net%20assets%20of%20approximately%20%2454%20million%20%28CNY%20341.23%20million%29.%20LDK%20Solar%20anticipates%20that%20the%20divestiture%20of%20LDK%20Anhui%20will%20increase%20LDK%20Solar%27s%20pro%20forma%20consolidated%20net%20assets%20as%20well%20as%20decrease%20LDK%20Solar%27s%20pro%20forma%20consolidated%20asset-to-liability%20ratio%20by%20approximately%201.8%25.%0D%0A%0D%0AThe%20deal%20is%20subject%20to%20relevant%20governmental%20approvals%20and%20is%20expected%20to%20close%20on%20April%203%2C%202013.%20As%20of%20April%2016%2C%202013%2C%20Shanghai%20Qianjiang%20Group%20failed%20to%20secure%20government%20approvals%20by%20the%20expiration%20date%20of%20March%2030%2C%202013.%20Morgan%20Stanley%20acted%20as%20financial%20advisor%20for%20LDK%20Solar.%20The%20conversions%20were%20made%20through%20www.oanda.com%20on%20September%2030%2C%202012.
Shanghai%20QianJiang%20Group%20signed%20a%20purchase%20agreement%20to%20acquire%20LDK%20Anhui%20from%20LDK%20Solar%20Co.%2C%20Ltd.%20%28NYSE%3ALDK%29%20for%20CNY%2025%20million%20on%20January%202%2C%202013.%20According%20to%20the%20terms%20of%20the%20agreement%2C%20Qianjiang%20Group%20will%20release%20the%20guarantee%20LDK%20Solar%20provided%20to%20LDK%20Anhui%20and%20its%20subsidiaries%20within%2012%20months%2C%20as%20well%20as%20compensate%20LDK%20Solar%20for%20any%20loss%20associated%20with%20such%20guarantee%2C%20prior%20to%20its%20release.%20As%20of%20September%2030%2C%202012%2C%20LDK%20Anhui%20carried%20consolidated%20negative%20net%20assets%20of%20approximately%20%2454%20million%20%28CNY%20341.23%20million%29.%20LDK%20Solar%20anticipates%20that%20the%20divestiture%20of%20LDK%20Anhui%20will%20increase%20LDK%20Solar%27s%20pro%20forma%20consolidated%20net%20assets%20as%20well%20as%20decrease%20LDK%20Solar%27s%20pro%20forma%20consolidated%20asset-to-liability%20ratio%20by%20approximately%201.8%25.%0D%0A%0D%0AThe%20deal%20is%20subject%20to%20relevant%20governmental%20approvals%20and%20is%20expected%20to%20close%20on%20April%203%2C%202013.%20As%20of%20April%2016%2C%202013%2C%20Shanghai%20Qianjiang%20Group%20failed%20to%20secure%20government%20approvals%20by%20the%20expiration%20date%20of%20March%2030%2C%202013.%20Morgan%20Stanley%20acted%20as%20financial%20advisor%20for%20LDK%20Solar.%20The%20conversions%20were%20made%20through%20www.oanda.com%20on%20September%2030%2C%202012.
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Date Range for Stats (05/22/2013 to 05/22/2013)
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0 Number of Dividends Paid$0.00 Dividends Paid Per Period |
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LDK:US
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$1.76 USD |
-0.285 |
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