Hollysys (HOLI US): Keep Calm as Closing Date Slips

419 Views17 Apr 2024 02:14
The spread has widened to 8% due to regulatory approval concerns. Regulatory approval should be forthcoming as the transaction involves Chinese entities acquiring a Chinese-focused company.
What is covered in the Full Insight:
  • Transaction Delay Explanation
  • Closing Conditions Status
  • Chinese Regulatory Approvals Introduction
  • NDRC, MOFCOM and SAFE Procedures
  • Reasons why regulatory approvals should be forthcoming
SUMMARY
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