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.
![Handshake](https://img.republicworld.com/tr:w-800,h-450,q-75,f-auto/rimages/photo-1591453214154-c95db71dbd83-170347383266216_9.webp)
Offer represents a 9.4 per cent increase compared to the buyout proposal | Image:
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08:40 IST, December 25th 2023