China's Dazheng Group-led consortium sets out financing for Hollysys bid

China's Dazheng Group-led consortium sets out financing for Hollysys bid

Beijing, China. Photo by Li Yang on Unsplash.

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.

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