(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 ...

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 ...

Feb 8 (Reuters) - Shareholders of Hollysys Automation Technologies Ltd. voted in favor of a $1.66 billion takeover proposal from private equity firm Ascendent Capital Partners Ltd., Bloomberg News ...

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, ...

Hollysys Board has unanimously approved Ascendent's all cash offer at 42% premium to the unaffected price as of 23 August 2023 Agreement marks culmination of formal sale process conducted by Special ...

Jan 29 (Reuters) - Hollysys Automation Technologies (HOLI.F), opens new tab said on Monday its special committee has retained a recommendation that shareholders vote for Ascendent Capital's ...

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 ...

Hollysys Automation Technologies Ltd. shareholders voted in favor of a $1.66 billion takeover proposal from private equity firm Ascendent Capital Partners Ltd., according to people familiar with the ...

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 Capital Partners ...