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SoftwareOne Expands Stake in Crayon, Plans Delisting

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SoftwareOne Expands Stake in Crayon, Plans Delisting

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An update from SoftwareOne Holding Ltd. ( (CH:SWON) ) is now available.

SoftwareOne Holding AG has terminated its Total Return Swap agreement and received 4,578,588 Crayon shares, increasing its stake to approximately 6.99% of Crayon’s shares. Following a voluntary takeover offer, SoftwareOne will hold 91.77% of Crayon’s shares and plans a compulsory acquisition of the remaining shares, followed by delisting Crayon from Euronext Oslo Børs, significantly impacting its market positioning and stakeholder interests.

The most recent analyst rating on (CH:SWON) stock is a Hold with a CHF8.90 price target. To see the full list of analyst forecasts on SoftwareOne Holding Ltd. stock, see the CH:SWON Stock Forecast page.

More about SoftwareOne Holding Ltd.

SoftwareOne Holding AG is a leading global provider of software and cloud solutions, focusing on helping organizations manage and optimize their software and cloud investments.

Average Trading Volume: 625,325

Current Market Cap: CHF1.19B

For detailed information about SWON stock, go to TipRanks’ Stock Analysis page.

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