STOCKS NEWS Reuters Results chronicle Stocks on the get going Real-time Equity News 12:48GMT 06Nov2008-Conergy down; LG Electronics ends negotiations ----------------------------------------------------------------- Shares in German solar puissance method maker Conergy chuck more than 16 percent on Frankfurt's technology index, after it says that LG Electronics has ended negotiations on the communal hazard in Frankfurt (Oder). However, Conergy says that LG Electronics will sustain to reassessment other options for assistance with Conergy. "This is unusually naff item for Conergy," says an analyst. In September, LG Electronics had signed a preparatory deal on a solar chamber forging gamble with Conergy.
It said that it was aiming to seduce a intersection investment into Conergy's solar room unit, adding it would obtain a 75 percent stake in Conergy's solar module seed in Frankfurt (Oder). LG had planned to motion a unbending deal after two to three months of negotiations and due diligence. For more replicate click on COPYRIGHT Copyright Thomson Reuters 2008. All rights reserved.
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