Ascendent Capital to buy Hollysys Automation in deal valued at $1.66 bln
11/12/2023 14:21
Dec 11 (Reuters) - Hollysys Automation Technologies HOLI.F said on Monday it has reached an agreement to be acquired by Hong Kong-based Ascendent Capital in an all-cash transaction valued at about $1.66 billion. (Reporting by Aishwarya Jain in Bengaluru) ((Aishwarya.Jain@thomsonreuters.com))
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