Hollysys Automation Technologies, Ltd. (HOLI) News

Hollysys Automation Technologies, Ltd. (HOLI): $22.87

0.13 (+0.57%)

POWR Rating

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Momentum

C

Stability

C

Sentiment

Quality

C

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Industry: Industrial - Equipment

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HOLI News Highlights

  • For HOLI, its 30 day story count is now at 4.
  • Over the past 16 days, the trend for HOLI's stories per day has been choppy and unclear. It has oscillated between 1 and 2.
  • SHOP are the most mentioned tickers in articles about HOLI.

Latest HOLI News From Around the Web

Below are the latest news stories about HOLLYSYS AUTOMATION TECHNOLOGIES LTD that investors may wish to consider to help them evaluate HOLI as an investment opportunity.

Hollysys Announces End of "Go-Shop" Period under Merger Agreement with Ascendent Capital Partners

Hollysys Automation Technologies Ltd. (NASDAQ: HOLI) ("Hollysys" or the "Company") today announced the end of the "go-shop" period as provided for in the merger agreement with funds managed by Ascendent Capital Partners ("Ascendent"). The "go-shop" period followed an extensive, competitive process by the Company that led to the signing of the merger agreement with Ascendent.

Yahoo | December 27, 2023

UPDATE 1-Dazheng Group consortium announces bid to buy Hollysys Automation for $1.8 billion

A consortium led by China's Dazheng Group Acquisition has announced a bid to acquire automation and control technology provider Hollysys Automation Technologies in an all-cash transaction valued at $1.8 billion, according to a statement on Sunday. The consortium, which includes TFI Asset Management and GA Technologies, said it would acquire all outstanding shares of Hollysys it does not already own for $29 per share in cash. In August, a consortium led by Recco Control Technology and Dazheng Group made an all-cash offer of $25 per share to buy the company.

Yahoo | December 24, 2023

Dazheng Group consortium announces bid to buy Hollysys Automation for $1.8 billion

The consortium, which includes TFI Asset Management and GA Technologies, said it would acquire all outstanding shares of Hollysys it does not already own for $29 per share in cash. In August, a consortium led by Recco Control Technology and Dazheng Group made an all-cash offer of $25 per share to buy the company.

Yahoo | December 24, 2023

M&A Opportunities: 3 Automation Stocks Set for Big Moves

The ongoing growth in artificial intelligence use should see automation stocks get their fair share of M&A attention in 2024.

Will Ashworth on InvestorPlace | December 19, 2023

Hollysys to be Acquired by Ascendent Capital Partners for US$26.50 in Cash Per Share

Hollysys Automation Technologies Ltd. (NASDAQ: HOLI) ("Hollysys" or the "Company") today announced that it has reached an agreement to be acquired by Ascendent Capital Partners ("Ascendent"), an international private investment firm headquartered in Hong Kong. The acquisition, which concludes a months-long sale process, will be completed through an all-cash transaction valued at approximately US$1.66bn.

Yahoo | December 11, 2023

Returns On Capital At Hollysys Automation Technologies (NASDAQ:HOLI) Paint A Concerning Picture

What are the early trends we should look for to identify a stock that could multiply in value over the long term...

Yahoo | December 4, 2023

Hollysys Update: EGM, Sale Process

Hollysys Automation Technologies Ltd. (NASDAQ: HOLI) ("Hollysys" or the "Company") today announced its intention to hold a special meeting of shareholders in the week commencing January 22, 2024 following the requests of certain shareholders to convene a special meeting. The decision follows the outcome of the hearing at the Hong Kong High Court with respect to the ownership and control of Ace Lead Profits Limited ("Ace Lead"), one of the requisition shareholders, and its shares in the Company.

Yahoo | November 22, 2023

Hollysys Automation Technologies Reports Unaudited Financial Results for the First Quarter Ended September 30, 2023

Hollysys Automation Technologies Ltd. (NASDAQ: HOLI) ("Hollysys" or the "Company"), a leading provider of automation and control technologies and applications in China, today announced its unaudited financial results for the first quarter of fiscal year 2024 ended September 30, 2023.

Yahoo | November 15, 2023

Nasdaq Stock and More See Action From Activist Investors

Thoma Bravo disclosed a large position in securities-exchange and data-analytics firm Nasdaq. Ascendent Capital Partners is offering to buy out industrial-automation firm Hollysys Automation.

Yahoo | November 10, 2023

China-focused Ascendent in $1.6 billion take-private bid for Hollysys

Ascendent's latest bid comes amid a few other takeover offers. Hollysys management team proposed last month a consideration of $25 per share, while a buyer consortium led by Recco Control Technology and Dazheng Group in August reaffirmed its earlier offer with the same per-share price.

Yahoo | November 7, 2023


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