HollySys
Industrial Machinery & Equipment · Turkey · 11-50 Employees
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Overview
Headquarters
No Alaaddin Bey Mahallesi 635 Sokak, Nil...Website
www.vatanotomasyon.comRevenue
<$5 MillionIndustry
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HollySys Tech Stack
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HollySys News & Media
UPDATE 1-Dazheng-led consortium sets out financing for Hollysys bid
A consortium led by China's Dazheng Group Acquisition has set out financing for its $29.50-per-share bid for Hollysys Automation Technologies as it battles a rival offer from Hong Kong-based private equity firm Ascendent Capital. In a statement on Saturday, the Dazheng consortium - which also includes TFI Asset Management - said it had secured a debt commitment letter for $1.5 billion from an unnamed China headquartered bank's Hong Kong branch. It had alsoBuyer Consortium Led by Dazheng Group Announces Enhanced All-Cash Proposal of US$29.00 Per Share to Acquire Hollysys
HONG KONG--(BUSINESS WIRE)--Buyer Consortium (“the Consortium”) led by Dazheng Group Acquisition Limited (“Dazheng Group”) today announces it has submitted an increased all-cash offer of US$29.00 per share, or approximately US$1.8 Billion, to acquire all outstanding shares of Hollysys Automation Technologies Ltd. (NASDAQ: HOLI) (“Hollysys”) in a letter sent to the Board on December 24, 2023. In addition to Dazheng Group and TFI Asset Management Limited, GA Technologies Limited has agreed to joiMerger Arb Mondays (13 Nov) - Benesse, JSR, IJTT, Shidax, Cybernet, CMIC, IRC, Hollysys, Healius
This week, the highest gross spreads are 111 (59.5%), Eoflow (38.2%), Benesse (36.3%), Hollysys (19.2%), IRC (19.2%), IJTT (16.0%), Healius (11.6%), Origin (10.0%), JSR (9.8%), Lithium Power (8.6%).Buyer Consortium Led by Recco Control Technology and Dazheng Group Responds to Hollysys’ Misleading and Alarming Statements Seeking to Disenfranchise Shareholders
SINGAPORE & HONG KONG--(BUSINESS WIRE)--Buyer consortium (“the consortium”) led by Recco Control Technology Pte. Ltd. (“Recco Control Technology”) and Dazheng Group (Hong Kong) Investment Holdings Company Limited (“Dazheng Group”) today issued a statement regarding Hollysys Automation Technologies Ltd.’s (NASDAQ: HOLI) (“Hollysys” or “the Company”) update on its ongoing sale process and the shareholder request for a special meeting. Members of the consortium also include TFI Asset Management Li
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Frequently Asked Questions Regarding HollySys
Vatan Otomasyon specializes in providing high-performance automation solutions and products, including HollySys PLC systems and Moog motion control systems, to various sectors such as wastewater treatment, factory automation, automotive, and healthcare. The company is committed to delivering excellent service and quality products at competitive pri... Read More