When Total (NYSE: TOT ) took a majority stake in SunPower (NASDAQ: SPWR ) , there were provisions in place that made it very difficult to buy additional shares or buy the company outright. But that lockup has ended, and Total can now make a bid for the rest of SunPower.
Solar specialist Travis Hoium has brought this topic up with SunPower's management, and for the time being they don't think a deal is imminent. But as oil giants watch profits getting squeezed by high exploration costs and global fossil-fuel energy growth slowing, the solar industry could be attractive.
Find out how Travis thinks this dynamic will play out in the following video below.
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