Shares in Vestas Wind Systems (VWDRY.PK +18.2%) surge after the wind-turbine maker confirms...

|About: Vestas Wind Systems A/S ADR (VWDRY)|By:, SA News Editor

Shares in Vestas Wind Systems (VWDRY.PK +18.2%) surge after the wind-turbine maker confirms it’s in talks with Mitsubishi Heavy Industries over a strategic pact. Analysts believe any partnership between the two companies may emerge as a joint offshore-wind business which may erase lingering fears over Vestas’ cash position.