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Hollysys Automation Technologies Up Over 17%, on Pace for Largest Percent Increase Since March 2022 -- Data Talk
Express News | U.S.-Listed Shares of Hollysys Automation Technologies up 18% After Ascendent Partners Wins China Approval to Buy Co for $1.7 Bln
Shares of Hollysys Automation Technologies (HOLI.US) surged over 19% in pre-market trading! Ascendent announced that it has obtained approval for the acquisition.
According to the report from the Wisdom Financial app, Hollysys Automation Technologies (HOLI.US) surged more than 19% in pre-market trading on the US market, after buyer Ascendent Capital Partners disclosed in its 13D/A filing on Monday that its subsidiary, Superior Technologies Holding, had received all approvals from China for the $1.66 billion transaction. The buyer is reportedly working to complete the transaction "quickly". Previously, in late April, some media reported that the deal might face anti-trust issues in China.
Express News | U.S.-Listed Shares of Hollysys Automation Technologies up 14% Premarket
Ascendent Capital Partners, In Amended 13D Filing, Said Affiliate Superior Technologies Received PRC Approvals to Complete Merger With Hollysys Automation Technologies
A verbal battle concerning nuclear power datacenter is quietly heating up in the USA.
To ensure a green and uninterrupted supply of clean energy, wealthy and generous technology giants are intensively negotiating direct purchases of nuclear power from power plants. However, these demands will also bring enormous uncertainty to the nuclear power supply of the grid. At the same time, doubts about "free-rider" behavior on the grid are also increasing.