The financial markets are abuzz with news that two Chinese rivals are considering takeover bids for Danish wind turbine manufacturer, Vestas.
Shares in the company jumped 15% on the news that China’s biggest wind turbine maker Sinovel Wind Group and No.2 Xinjiang Goldwind Science & Technology Co have discussed the possibility of making bids with bankers.
Shares in the company dropped dramatically last year and the company has seen a change in senior management after returning poor end of year results.
