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Canadian Solar rejects CEO’s offer to take company private

(Reuters) – Canadian Solar (CSIQ.O) 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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