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 ...
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 ...
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, ...
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) - 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 ...
Ascendent Capital Partners, a China-focused private equity firm, has made a $1.6 billion takeover bid for Hollysys Automation Technologies Ltd. after scooping up shares in the market to become its ...
(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 ...
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