Ascendent has offered to acquire Hollysys Automation Technologies for $1.6 billion, while Korea's National Pension Service has invested in Stockbridge.
(Bloomberg) China-focused private equity firm Ascendent Capital Partners is considering reviving a potential offer to take Hollysys Automation Technologies Ltd. private, people familiar with the matter said, as interest in the industrial company heats up. Most Read from BloombergIsrael Latest: Netanyahu Vows to Stay On; Targets Hit in LebanonInnovent, Lilly Obesity Drug Spurs More Weight Loss in TrialSony’s Bungie Game Unit Cuts Staff Following Delayed TitlesSaudi Forces on High Alert After D
China Buyout Firm Ascendent Resumes Pursuit of Hollysys bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.