JunHe Assists in m88 casino 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 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 completion of this merger, Hollysys’ stocks were delisted from m88 casino NASDAQ.
JunHe acted as m88 casino legal counsel to a strategic investment entity as a member of m88 casino buyer consortium, and provided m88 casino following services:
drafting, revising, and negotiating m88 casino investment documents for m88 casino privatization;
preparing m88 casino application materials and documents for m88 casino relevant government approvals;
assisting m88 casino client in m88 casino signing of m88 casino transaction documents and m88 casino closing of m88 casino merger for privatization; and
working with m88 casino domestic and foreign counsel and m88 casino om88 casinor intermediaries and providing legal services for m88 casino privatization and delisting.
Hollysys privatization is anom88 casinor large-scale listed company privatization assisted by JunHe in recent years following m88 casino privatization of Chindata, 58.com, Taibang Biologic, SINA and 51job.
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