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Crayon Group Holding ASA ( (CRAYF) ) has shared an announcement.
SoftwareOne Holding AG, a global software and cloud solutions provider, announced a 91.6% acquisition of Crayon’s share capital through a voluntary share and cash offer. This acquisition, pending regulatory approvals, positions SoftwareOne to potentially carry out a compulsory acquisition of the remaining Crayon shares, thereby strengthening its market presence and expanding its capabilities in IT optimization and innovation.
More about Crayon Group Holding ASA
Crayon Group Holding ASA is a customer-centric innovation and IT services company headquartered in Oslo, Norway, operating in 45 countries with over 4,000 professionals. It specializes in IT optimization and innovation, focusing on strategic software acquisition, continual IT estate optimization, and maximizing returns on investments in cloud, data, and AI. Originally focused on software procurement and asset management, Crayon has evolved into a trusted advisor in these areas.
Average Trading Volume: 214,996
Current Market Cap: NOK11.6B
For a thorough assessment of CRAYF stock, go to TipRanks’ Stock Analysis page.