Suzlon may sell its entire stake in Hansen. Suzlon owns 61.28% in Hansen. The Company was evaluating four bids received so far.
The current market cap of Hansen is pegged at around $1.6 billion, that would value Suzlon stake in the wind turbine and industrial gearbox maker at $980m. Suzlon Energy holds its stake in Hansen through a subsidiary - AE-Rotor Holding. In January 09 Suzlon had sold 10% of its Hansen stake to investment firm Ecofin.
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