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BRIEF-TCL Zhonghuan To Boost Holdings In Maxeon Solar Technologies To At Least 50.1%

May 30 (Reuters) - Tcl Zhonghuan Renewable Energy :

* SAYS IT PLANS TO BOOST HOLDINGS IN MAXEON SOLAR TECHNOLOGIES TO AT LEAST 50.1% FROM 22.4% PREVIOUSLY

* SAYS TRANSACTION AMOUNT WILL BE UP TO $197.5 MILLION

Source text Further company coverage: (Reporting by Beijing newsroom)