Brief: Hollysys Announces End Of "Go-Shop" Period Under Merger Agreement With Ascendent Capital Partners

Hollysys Automation Technologies

27/12/2023 12:17

Dec 27 (Reuters) - Hollysys Automation Technologies Ltd
 HOLI.F :
    * HOLLYSYS ANNOUNCES END OF "GO-SHOP" PERIOD UNDER MERGER
AGREEMENT WITH ASCENDENT CAPITAL PARTNERS
    * DURING "GO-SHOP" PERIOD CO RECEIVED TWO ADDITIONAL
ACQUISITION
PROPOSALS
    * SPECIAL COMMITTEE DETERMINED NONE OF OFFERS RECEIVED ON
"GO-SHOP" PERIOD CAN BE EXPECTED TO BE A SUPERIOR PROPOSAL

Source text for Eikon:  ID:nPn7MTS11a 
Further company coverage:  HOLI.F 

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