In August, a consortium led by Recco Control Technology and Dazheng Group Investment Holdings made an all-cash offer of $25 per share to buy the company. The special committee will discuss the next steps with Recco Control and Dazheng Group (Hong Kong) in response to the offer to acquire the company, while expediting the process to seek "additional serious and compelling offers," Hollysys said in a statement. The 30-year-old company, valued at $1.2 billion, operates in four sectors: industrial automation, transportation automation, medical and health care, and energy and environmental protection.
Ukraine's parliament and its speaker taunted billionaire Elon Musk on Monday after he posted a meme on his social media platform mocking President Volodymyr Zelenskiy's pleas for wartime assistance from the West. Musk owns SpaceX, which provides Starlink satellite communication services that are vital for Ukraine's defence effort, but his statements have sometimes angered Kyiv since the full-scale invasion launched by Russia in February last year. Early on Monday, Musk posted a meme on his platform X, formerly known as Twitter, showing Zelenskiy and the caption: "When it's been 5 minutes and you haven't asked for a billion dollars in aid."
Thomas Partey also involved as Gunners prepare for huge week
Rishi Sunak attacked Keir Starmer at a 1922 Committee event to open conference
Sharon White, the chair of struggling British retailer the John Lewis Partnership, will step down early in 2025, having decided not to seek a second term of office, the company said on Monday, weeks after it warned its turnaround plan would need more time. White warned last month that her turnaround plan for the company would take two years longer and cost more due to inflationary pressures as the group reported another loss for the most recent six-month period. White's departure will make her tenure as chair the shortest in the partnership's 100-year history.
Top grooming tips as a new survey highlights the soaring popularity of beards and facial hair.
REUTERSInvestigators in the U.K. are reviewing evidence suggesting that one of the country’s wealthiest men engaged in a yearslong scheme of trafficking women to Britain and exploiting them for sex, authorities said.Hamish Ogston, a high-profile British philanthropist worth around $160 million, was the subject of an explosive Sunday Times investigation published over the weekend detailing claims that he trafficked or attempted traffic vulnerable Filipina and Thai sex workers to the U.K. over the
Companies in England and Wales want to charge up to £84 a year more in 2025, rising to £156 extra by 2030.
More than 300 people seek compensation for being sexually abused by the late Johnny Kitagawa.
STOCKHOLM (AP) — Two scientists won the Nobel Prize in medicine on Monday for discoveries that enabled the development of mRNA vaccines against COVID-19 and could be used in the future to create other shots. Katalin Karikó, a professor at Sagan’s University in Hungary and an adjunct professor at the University of Pennsylvania, and Drew Weissman, of the University of Pennsylvania, were awarded the prize for “their groundbreaking findings, which have fundamentally changed our understanding of how
Key Insights Insiders appear to have a vested interest in Karooooo's growth, as seen by their sizeable ownership 75% of...
The trail spans across the Eastern United States
Dale Houghton, who appeared to mock the death of Bradley Lowery, has been charged under section 4A of the Public Order Act (POA) 1986 which covers intentional harassment, alarm or distress.
Forces from Manila, Britain, Canada, Japan and the United States kicked off on Monday two weeks of joint naval exercises in Philippine waters as a "show of force", amid flaring regional tension. With more than 1,800 participants, the drills follow last week's move by Beijing to block Philippine fishermen from Asia's most contested maritime feature, the Scarborough Shoal, held by China in the South China Sea. This year's "Sama Sama" drills are being held in the southern part of the island of Luzon, featuring naval exercises in areas such as anti-submarine warfare, air defence and search and rescue, the Philippine navy said.
Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
A man in his 60s has been bailed in connection to the landmark being cut down.
Ninja's latest gadget is an upgrade on the TikTok viral ice cream maker.
Net zero has “become a religion” for climate change activists, the Energy Security and Net Zero Secretary said.
Steve Cooper is in so much credit with the supporters because of what he has achieved since he took over two years ago. The fans' message was very clear - we are not going to allow you to sack the manager who has just got us into the Premier League after 23 years - and they have a bond with Cooper that is not going to be broken. Serge Aurier is a good example of that, which is why I asked Cooper about him after Sunday's game.
Rugby Australia remains "committed" to head coach Eddie Jones despite being on the brink of exiting the World Cup.