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Published 10:32 IST, December 25th 2023

Dazheng-led consortium to buy Hollysys Automation for $1.8 billion

The consortium, consisting of TFI Asset Management and GA Technologies, intends to purchase all outstanding shares of Hollysys at $29 per share.

Reported by: Business Desk
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Offer represents a 9.4 per cent increase compared to the buyout proposal | Image: Unsplash
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08:40 IST, December 25th 2023