Roth & Rau has accepted Swiss solar equipment maker Meyer Burger Technology’s €357 million takeover offer, Bloomberg reports. Meyer Burger had offered €22 per share for the German company, which makes gear to produce solar cells for panels. Meyer Burger has already acquired an 11.3% stake from key shareholders through share purchases and share exchanges, adds Reuters. The company will issue 840,802 new shares as part of those contracts.

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