Dazheng Group consortium bids $1.8B to acquire Hollysys Automation

A consortium led by Dazheng Group Acquisition, including TFI Asset Management and GA Technologies, announced a $1.8 billion all-cash bid to acquire Hollysys Automation Technologies at $29 per share.

“A consortium led by China's Dazheng Group Acquisition has announced a bid to acquire automation and control technology provider Hollysys Automation Technologies in an all-cash transaction valued at $1.8 billion.”mnacritique.mergersindia.com

• 1 source
• mnacritique.mergersindia.comDazheng Group consortium announces bid to buy Hollysys Automation for $1.8 billion | M&A CritiqueDec 25, 2023

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