Brief: Buyer Consortium Led by Recco Control Technology and Dazheng Group Increases Its Offer to Acquire Hollysys to $26.50 Per Share

Hollysys Automation Technologies

08/11/2023 14:10

Nov 8 (Reuters) - Hollysys Automation Technologies Ltd
 HOLI.F :
    * BUYER CONSORTIUM LED BY RECCO CONTROL TECHNOLOGY AND
DAZHENG
GROUP INCREASES ITS OFFER TO ACQUIRE HOLLYSYS TO US$26.50 PER
SHARE
    * BUYER CONSORTIUM: CONSORTIUM SUBMITTED INCREASED ALL-CASH
OFFER
OF ABOUT $1.64 BILLION, TO ACQUIRE SHARES OF HOLLYSYS IN LETTER
SENT TO BOARD ON NOV 8

Source text for Eikon:  ID:nBw3MmwBKa 
Further company coverage:  HOLI.F 

 ((Reuters.Briefs@thomsonreuters.com;))