Dazheng Group consortium announces bid to buy Hollysys Automation at $1.8 bln

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Dec 24 (Reuters) - A consortium led by China's Dazheng Group Acquisition has announced its bid to acquire automation and control technology provider Hollysys Automation Technologies in an all-cash transaction valued at $1.8 billion, according to a statement on Sunday.

(Reporting by Anirudh Saligrama in Bengaluru Editing by Nick Zieminski)

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