Consortium led by Recco Control and Dazheng to acquire Hollysys for $1.55B

A consortium managed by Recco Control Technology Pte. Ltd. and Dazheng Group has confirmed an optional conditional offer to acquire Hollysys Automation Technologies Ltd for $1.55 billion ($25 per share).

“The transaction value is $1.55 billion ($25 per share, which is 34% higher than the closing price on August 23).”akm.ru

• 1 source
• akm.ruConsortium of Recco Control and Dazheng plans to acquire Hollysys for $1.55 billion | AKM ENAK&MAug 28, 2023

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