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home / articles / HOLI - Dazheng-Led Consortium Raises Hollysys Automation Acquisition Bid to $1.8B Offers 9% Increase | Benzinga


HOLI - Dazheng-Led Consortium Raises Hollysys Automation Acquisition Bid to $1.8B Offers 9% Increase | Benzinga

Hollysys Automation Technologies Ltd (NASDAQ: HOLI) shares are trading higher today as the company got an increased acquisition offer from a buyer Consortium led by Dazheng Group Acquisition Limited.

The consortium intends to buy HOLI for $29.00 per share or about $1.8 billion in cash.

The acquisition cost represents a 55.5% premium to ...

Full story available on Benzinga.com

Stock Information

Company Name: Hollysys Automation Technologies Ltd.
Stock Symbol: HOLI
Market: NASDAQ
Website: hollysys.com.sg

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