China's Hollysys management to lead take-private deal at $1.8b valuation

China's Hollysys management to lead take-private deal at $1.8b valuation

photo by Markus Spiske on unsplash

A consortium led by China’s Hollysys Automation Technologies management plans to take the U.S.-listed automation and control system maker private in a deal that would value the firm at $1.8 billion, people with knowledge of the matter said.