Express News | Hollysys Automation Technologies Obtained PRC Approvals Required To Be Optioned By Buyer To Complete Merger Transaction

BenzingaJul 2 09:09 ET

Hollysys Automation Technologies Up Over 17%, on Pace for Largest Percent Increase Since March 2022 -- Data Talk

Hollysys Automation Technologies Ltd. (HOLI) is currently at $25.44, up $3.80 or 17.54% --Would be highest close since April 11, 2024, when it closed at $25.55 --On pace for largest percent increase

Dow JonesJul 1 11:24 ET

Express News | U.S.-Listed Shares of Hollysys Automation Technologies up 18% After Ascendent Partners Wins China Approval to Buy Co for $1.7 Bln

ReutersJul 1 09:32 ET

Shares of Hollysys Automation Technologies (HOLI.US) surged over 19% in pre-market trading! Ascendent announced that it has obtained approval for the acquisition.

According to the report from the Wisdom Financial app, Hollysys Automation Technologies (HOLI.US) surged more than 19% in pre-market trading on the US market, after buyer Ascendent Capital Partners disclosed in its 13D/A filing on Monday that its subsidiary, Superior Technologies Holding, had received all approvals from China for the $1.66 billion transaction. The buyer is reportedly working to complete the transaction "quickly". Previously, in late April, some media reported that the deal might face anti-trust issues in China.

Zhitong FinanceJul 1 09:12 ET

Express News | Hollysys Shares Are Trading Higher After Ascendent Capital Partners Said Its Affiliate, Superior Technologies Holding Limited, Obtained All PRC Approvals to Complete the Merger

BenzingaJul 1 07:21 ET

Express News | U.S.-Listed Shares of Hollysys Automation Technologies up 14% Premarket

ReutersJul 1 07:19 ET