Investor group reaffirms $1.55b, all-cash offer for US-listed Chinese firm Hollysys

Investor group reaffirms $1.55b, all-cash offer for US-listed Chinese firm Hollysys

Photo: REUTERS/Jason Lee

A consortium is pressing for an all-cash acquisition of Nasdaq-listed Hollysys Automation Technologies Ltd in a deal that values the Beijing-based automation and IT solutions supplier at about $1.55 billion.

Edited by: Pramod Mathew