The latest update is out from SoftwareOne Holding Ltd. ( (CH:SWON) ).
SoftwareOne Holding AG has announced the conclusion of the offer period for its voluntary purchase and exchange offer to acquire all outstanding shares of Crayon. This acquisition, priced at NOK 69 in cash and 0.8233 new SoftwareOne shares per Crayon share, is expected to enhance SoftwareOne’s market position by integrating Crayon’s expertise in IT optimization and innovation. The transaction’s completion is contingent upon regulatory approvals, with significant implications for stakeholders in both companies.
More about SoftwareOne Holding Ltd.
SoftwareOne is a leading global provider of software and cloud solutions, helping companies optimize their software and cloud environments. With approximately 9,000 employees, the company offers a portfolio of 7,500 software brands in over 60 countries. Headquartered in Switzerland, SoftwareOne is listed on the SIX Swiss Exchange. Crayon, headquartered in Oslo, Norway, operates in 45 countries and specializes in IT optimization and innovation, focusing on strategic software procurement and maximizing returns on cloud, data, and AI investments.
YTD Price Performance: -20.79%
Average Trading Volume: 430,863
Current Market Cap: CHF746.9M
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