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Mergers & Acquisitions

May 3, 2011

French Oil Giant Looks to San Jose

Jones Day and Wilson Sonsini Goodrich & Rosati PC are helping guide a plan by French oil giant Total S.A. to buy a controlling stake in San Jose solar energy company SunPower Corp.


By Robert Pierce


Daily Journal Staff Writer


PALO ALTO - Jones Day and Wilson Sonsini Goodrich & Rosati PC are helping guide a plan by French oil giant Total S.A. to buy a controlling stake in San Jose solar energy company SunPower Corp.


Total announced Thursday that it plans to buy up to 60 percent of SunPower through a wholly owned subsidiary, what could be up to a $1.4 billion deal. Total is offering $23.25 per share for both Class A and...

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