MEMC Electronic Materials just announced that they have acquired an ownership stake in Taiwanese solar wafer manufacturer Eversol. To start with, MEMC Electronic Materials amended a contract with Gintech to allow it to purchase Gintech’s 8.36% interest in Eversol at the price Gintech originally paid for it. Then, MEMC spent 5 million more on an additional 5.1 million shares, meaning that it currently owns a 10.6% stake in the company.

In a press release, … Read the rest