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Regulatory approval process for HollySys Automation/Ascendent Capital Partners deal expected to take further months

by Valeria Camerino
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9 May 2024 - 5:38 pm

last update on 9 May 2024 - 5:38 pm

Regulatory approvals for the planned all-cash US$1.7bn acquisition of US-listed Chinese automation control system solutions provider HollySys Automation Technologies by private equity firm Ascendent Capital Partners are likely to take further months,...

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Valeria Camerino

Valeria is a seasoned business and financial journalist with fifteen years of industry experience.

Before launching Equity Report in October 2022, Valeria was European Editor for US-based financial news service CTFN, where she spent seven years reporting on event-driven situations, breaking news stories on complex financial and regulatory issues across several jurisdictions, from Europe and Africa to China, India, Brazil, and Australia.

Prior to that, she was Senior Reporter at TelecomFinance, Middle East correspondent, and later Southern Europe correspondent at Mergermarket (currently ION), and held a number of editorial positions with Dubai and London-based b2b publications.

She holds a BA (Hons) in Languages and Public Relations from Leeds Beckett University and an MA in International Journalism from University of Central Lancashire.