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Dec 11, 2023ACQUISITIONBeijing, China Ascendent Capital Partners to acquire Hollysys Automation Technologies for US$1.66B
Hollysys Automation Technologies has agreed to be acquired by Ascendent Capital Partners in an all-cash transaction valued at approximately US$1.66 billion, or US$26.50 per share. The deal was unanimously approved by Hollysys' board.
Productsautomation technologies
“This agreement marks the successful culmination of a formal sale process that was part of a review of various strategic options to maximize value for shareholders.”streetinsider.com
- 3 sources
- streetinsider.comHollysys to be Acquired by Ascendent Capital Partners for US$26.50 in Cash Per ShareDec 11, 2023
- sec.govEX-99.1Dec 11, 2023
- prnewswire.comHollysys Announces Shareholder Meeting to Vote on Acquisition by Ascendent Capital PartnersHollysys Automation Technologies LtdJan 5, 2024
Summarized from public sources; check the original articles before acting on it.
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