Brief: Hollysys Automation - In Process Of Evaluating Non-Binding Offer From Superior Emerald To Acquire All Outstanding Shares Of Co For $23/Share In Cash

Hollysys Automation Technologies

02/08/2021 22:17

Aug 2 (Reuters) - Hollysys Automation Technologies Ltd
 HOLI.O :
    * HOLLYSYS BOARD OF DIRECTORS EVALUATING OFFERS FROM
CONSORTIUMS
    * HOLLYSYS AUTOMATION - IN PROCESS OF EVALUATING NON-BINDING
OFFER
FROM SUPERIOR EMERALD TO ACQUIRE ALL OUTSTANDING SHARES OF CO
FOR US$23/SHARE IN CASH
    * HOLLYSYS AUTOMATION TECHNOLOGIES LTD - RECEIVED OFFER FROM
CPE
CONSORTIUM TO ACQUIRE CO FOR $17.10 PER SHARE IN CASH
    * HOLLYSYS AUTOMATION TECHNOLOGIES LTD - BOARD WILL CONTINUE
TO
EVALUATE AND CONSIDER BOTH EMERALD OFFER AND CPE OFFER
    * HOLLYSYS AUTOMATION TECHNOLOGIES LTD - HAS ENTERED INTO A
LIMITED PERIOD OF EXCLUSIVITY WITH EMERALD CONSORTIUM

Source text for Eikon:  ID:nPnh037ka 
Further company coverage:  HOLI.O 

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