Hollysys Announces Formal Sale Process as Part of Review of Strategic Options

Written by PR Newswire

- Forms special committee of independent directors to conduct process -

- Will evaluate proposal from bidder group -

- Deutsche Bank to solicit additional potential offers on behalf of the Company -

BEIJING, Oct. 2, 2023 /PRNewswire/ -- Hollysys Automation Technologies Ltd. (NASDAQ: HOLI) ("Hollysys" or the "Company"), today announced the formation...

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