Hollysys Announces Expected Completion Date of Merger Transaction with Ascendent Capital Partners
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 18 2024
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Should l Buy ?
Source: Newsfilter
- Hollysys Automation Merger: Hollysys Automation Technologies Ltd. expects to complete a merger transaction with a buyer controlled by Ascendent Capital Partners by July 25, 2024, after obtaining necessary approvals and satisfying closing conditions.
- About the Companies: Hollysys is a leading automation control system solutions provider in China, while Ascendent Capital Partners is a private equity investment management firm based in Hong Kong managing assets for global institutional investors.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
