Brief: Buyer Consortium Led By Recco Control Technology And Dazheng Group Affirms Us$25 Per Share Offer To Acquire Hollysys

Hollysys Automation Technologies

24/08/2023 21:46

Hollysys Automation Technologies Ltd  HOLI.F :
    * BUYER CONSORTIUM LED BY RECCO CONTROL TECHNOLOGY AND
DAZHENG
GROUP AFFIRMS US$25 PER SHARE OFFER TO ACQUIRE HOLLYSYS
    * BUYER CONSORTIUM LED BY RECCO CONTROL TECHNOLOGY : IS
PREPARED
TO MOVE QUICKLY INTO DILIGENCE AND NEGOTIATIONS WITH HOLLYSYS
BOARD
    * CONSORTIUM LED BY RECCO CONTROL TECHNOLOGY: ENGAGED WITH
VARIOUS
FINANCING SOURCES, DONE ANALYSIS OF ALL AVAILABLE FINANCING
OPTIONS RELATED TO OFFER
    * CONSORTIUM LED BY RECCO CONTROL TECHNOLOGY: PREPARED TO
ENTER
INTO A CUSTOMARY NON-DISCLOSURE AGREEMENT ON OFFER TO ACQUIRE
HOLLYSYS

Source text for Eikon:  ID:nBwbTycXa 
Further company coverage:  HOLI.F