JA Solar Forms Committee to Evaluate CEO’s Buyout Offer

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JA Solar Holdings Co., a Chinese solar manufacturer, is evaluating a buyout offer from Chief Executive Officer Baofang Jin.

The board has formed a committee to consider the proposal to take the Shanghai-based company private, JA Solar said in a statementBloomberg Terminal Monday. Shaohua Jia, who was appointed as an independent director in 2012, will lead the committee.