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TOTAL S.A. (TOT) to buy 60% of SunPower (SPWRA, SPWRB) in a friendly tender offer of...

TOTAL S.A. (TOT) to buy 60% of SunPower (SPWRA, SPWRB) in a friendly tender offer of $23.25/share, a 46% premium to yesterday's close. Total will also extend SunPower $1B in credit to help solidify its position "in the increasingly competitive solar sector."
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