JunHe Assists in m88 casino review Privatization of Hollysys

2024.07.30

On July 25, 2024, Hollysys Automation Technologies Ltd. (NASDAQ: HOLI), a leading automation control system provider in China, announced m88 casino review completion of its privatization and delisting by way of a merger. This was an all-cash acquisition valued at approximately USD1.66 billion between Hollysys and a buyer consortium composed of entities affiliated with Ascendent Capital Partners. After m88 casino review completion of this merger, Hollysys’ stocks were delisted from m88 casino review NASDAQ.


JunHe acted as m88 casino review legal counsel to a strategic investment entity as a member of m88 casino review buyer consortium, and provided m88 casino review following services:

  • drafting, revising, and negotiating m88 casino review investment documents for m88 casino review privatization;

  • preparing m88 casino review application materials and documents for m88 casino review relevant government approvals;

  • assisting m88 casino review client in m88 casino review signing of m88 casino review transaction documents and m88 casino review closing of m88 casino review merger for privatization; and

  • working with m88 casino review domestic and foreign counsel and m88 casino review om88 casino reviewr intermediaries and providing legal services for m88 casino review privatization and delisting.


Hollysys privatization is anom88 casino reviewr large-scale listed company privatization assisted by JunHe in recent years following m88 casino review privatization of Chindata, 58.com, Taibang Biologic, SINA and 51job.


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As m88 casino review first carbon neutrality fund sponsored by a law firm in China, m88 casino review BAF Carbon Neutrality Special Fund was jointly established by JunHe and m88 casino review Beijing Afforestation Foundation (BAF) to promote carbon neutral initiatives, and encourage social collaboration based on m88 casino review public fundraising platform to mobilize engagement in public welfare campaigns.