HOLI - TFI Asset Management to join consortium for potential acquisition of Hollysys Automation Technologies
TFI Asset Management has joined a consortium led by Recco Control Technology and Dazheng Group (Hong Kong) Investment Holdings in respect of pursuing a potential acquisition of Hollysys Automation Technologies (NASDAQ:HOLI). TFI expects its affiliate(s) or managed fund(s) to participate in such potential acquisition. Currently, there can be no assurance that any agreement with the board of Hollysys could be reached in respect of a potential acquisition of Hollysys.
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TFI Asset Management to join consortium for potential acquisition of Hollysys Automation Technologies