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SoftwareOne Gains Proxy Support for Crayon Merger

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SoftwareOne Gains Proxy Support for Crayon Merger

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

SoftwareOne Holding AG has received support from proxy advisors ISS and Glass Lewis for its proposals at the upcoming extraordinary general meeting, which includes a merger with Crayon. The merger is expected to strengthen SoftwareOne’s global competitive position, accelerate growth, and achieve significant synergies. The board of directors of both companies encourage shareholders to support the proposals, with SoftwareOne’s founding shareholders already committed to voting in favor.

More about SoftwareOne Holding Ltd.

SoftwareOne is a leading global provider of software and cloud solutions, helping companies optimize their software and cloud environments. Headquartered in Switzerland, it operates in over 60 countries with approximately 9,000 employees and offers a portfolio of 7,500 software brands. Crayon, headquartered in Oslo, Norway, operates in 45 countries with more than 4,000 professionals, focusing on IT optimization and innovation.

YTD Price Performance: -9.51%

Average Trading Volume: 396,817

Current Market Cap: CHF853.2M

Find detailed analytics on SWON stock on TipRanks’ Stock Analysis page.

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