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Swiss solar panel maker Meyer Burger's largest customer DESRI terminates contract
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Swiss solar panel maker Meyer Burger's largest customer DESRI terminates contract
Nov 15, 2024 12:22 PM

Nov 15 (Reuters) - Meyer Burger on Friday said

its largest customer, DESRI, had notified the Swiss

solar panel maker that it would terminate its agreement with the

company with immediate effect.

Meyer Burger said it expects the termination will likely

"adversely affect" its financial restructuring efforts, saying

the company may no longer be able to operate if these were to

fail.

Earlier today the Swiss stock exchange, SIX Swiss Exchange,

said it suspended the trading of Meyer Burger shares.

The shares are now set to resume trading at 1130 GMT, SIX

announced.

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