Trina Solar Limited Special Committee Engages Advisors
Trina Solar Limited (“Trina Solar” or the “Company”) (NYSE: TSL), a global leader in photovoltaic (“PV”) modules, solutions and services, today announced that the special committee (the “Special Committee”) of the Company’s board of directors (the “Board”) has retained Citigroup Global Markets Inc. as its financial advisor and Kirkland & Ellis as its international legal counsel in connection with the Special Committee’s review and evaluation of the previously announced non-binding “going private” proposal that the Board received on December 12, 2015 and any potential alternatives. The Board cautions the Company’s shareholders and others considering trading in the Company’s securities that no decision has been made on the response to the proposal. There can be no assurance that any definitive offer will be made, that any agreement will be executed or that this or any other transaction will be approved or consummated. The Company does not undertake any obligation to provide any updates with respect to this or any other transaction, except as required under applicable law. ….