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SoftwareOne Extends Offer for Crayon Amid High Acceptance

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SoftwareOne Extends Offer for Crayon Amid High Acceptance

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SoftwareOne Holding Ltd. ( (CH:SWON) ) has shared an announcement.

SoftwareOne Holding AG announced an extension of its voluntary purchase and exchange offer for Crayon, a leading IT optimization and innovation company, until May 6, 2025. As of April 29, 2025, SoftwareOne controls approximately 83.8% of Crayon’s shares, with the offer period extended to allow further acceptance. The completion of the transaction is contingent upon regulatory approvals, with the ordinary general meeting scheduled for May 16, 2025, and the transaction expected to complete in June 2025.

More about SoftwareOne Holding Ltd.

SoftwareOne is a leading global provider of software and cloud solutions, headquartered in Switzerland and listed on the SIX Swiss Exchange. The company supports its customers in migrating and updating workflows and applications, optimizing software and cloud environments to fully realize the value of technology. SoftwareOne offers a portfolio of 7,500 software brands in over 60 countries with approximately 9,000 employees.

YTD Price Performance: -6.72%

Average Trading Volume: 457,276

Current Market Cap: CHF879.5M

For an in-depth examination of SWON stock, go to TipRanks’ Stock Analysis page.

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