Dazheng Group consortium announces bid to buy Hollysys Automation for $1.8b

Dazheng Group consortium announces bid to buy Hollysys Automation for $1.8b

A consortium led by China’s Dazheng Group Acquisition has announced a bid to acquire automation and control technology provider Hollysys Automation Technologies in an all-cash transaction valued at $1.8 billion, according to a statement on Sunday.

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