Brief: Hollysys To Be Acquired By Ascendent Capital Partners For US$26.50 In Cash Per Share

Hollysys Automation Technologies

11/12/2023 14:22

Dec 11 (Reuters) - Hollysys Automation Technologies Ltd
 HOLI.F :
    * HOLLYSYS TO BE ACQUIRED BY ASCENDENT CAPITAL PARTNERS FOR
US$26.50 IN CASH PER SHARE
    * HOLLYSYS TO BE ACQUIRED BY ASCENDENT CAPITAL PARTNERS FOR
US$26.50 IN CASH PER SHARE
    * HOLLYSYS AUTOMATION TECHNOLOGIES LTD- PROPOSED DEAL FOR
ALL-CASH
TRANSACTION VALUED AT APPROXIMATELY US$1.66BN
    * HOLLYSYS AUTOMATION TECHNOLOGIES LTD -  BOARD OF DIRECTORS
OF
HOLLYSYS HAS GIVEN ITS UNANIMOUS APPROVAL FOR TRANSACTION

Source text for Eikon:  ID:nPn4bkgPKa 
Further company coverage:  HOLI.F 

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