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Ascendent Capital says obtained all needed PRC approvals for Hollysys deal

In a regulatory filing, Ascendent Capital Partners announced that its affiliate, Superior Technologies Holding Limited, or the “Buyer,” has obtained all the PRC approvals that the Buyer is required to obtain for the Buyer to complete the Merger with Hollysys. “Ascendent Capital Partners is working to complete the Merger expeditiously,” the filing stated.

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