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FormPipe Software AB ( (SE:FPIP) ) has provided an announcement.
Formpipe Software AB has announced the divestment of its Public Sector business area to a holding company of STG for up to SEK 850 million. This strategic move allows Formpipe to focus entirely on its Lasernet business, enhancing shareholder value and enabling a substantial distribution of proceeds to shareholders. The transaction is expected to close in Q4 2025, pending necessary approvals, and will involve the rebranding of the company post-completion.
More about FormPipe Software AB
Formpipe Software AB is a prominent provider of case and document management software, catering to both the public and private sectors. The company offers two main business areas: Formpipe Public, which serves the public sector, and Lasernet, an enterprise document and customer communication software platform primarily delivered as Software as a Service (SaaS).
Average Trading Volume: 16,890
Technical Sentiment Signal: Strong Buy
Current Market Cap: SEK1.48B
For an in-depth examination of FPIP stock, go to TipRanks’ Overview page.