Nov 7 (Reuters) - China-focused private equity firm Ascendent Capital said it wants to take Hollysys Automation Technologies HOLI.F private in a deal that will value the Chinese automation control ...
(Bloomberg) -- Glass, Lewis & Co. recommended shareholders of Beijing-based Hollysys Automation Technologies Ltd. to vote against a $1.66 billion takeover proposal by private equity firm Ascendent ...
Approximately 86.94% of the shareholders who voted at the shareholders meeting approved Ascendent's acquisition proposal; Approximately 76.95% of shareholders voted, underlining the competitive value ...
BEIJING, Jan. 31, 2024 /PRNewswire/ -- The Board of Directors of Hollysys Automation Technologies Ltd. ("Hollysys" or the "Company") today issued a letter to shareholders reiterating its support for ...
According to the terms of the agreement, Ascendent will acquire all outstanding shares of Hollysys that it does not currently own for $26.50 per share in cash At the closing of the transaction, ...
Feb 8 (Reuters) - Hollysys Automation Technologies Ltd. said on Thursday its shareholders voted in favor of a merger with private equity firm Ascendent Capital Partners. The U.S. listed Chinese ...
(Reuters) - China-focused private equity firm Ascendent Capital said it wants to take Hollysys Automation Technologies private in a deal that will value the Chinese automation control system provider ...