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SoftwareOne Secures Majority Stake in Crayon, Plans Dual Listing

Story Highlights

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

SoftwareOne Holding AG announced that it has secured over 90% of Crayon’s share capital by the end of the offer period for its voluntary purchase and exchange offer. This acquisition is expected to create strategic and financial value for shareholders, with the transaction completion anticipated in June 2025, pending regulatory approvals. The dual listing of SoftwareOne shares on the Oslo Stock Exchange is also progressing, with an application expected to be submitted soon.

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 a portfolio of 7,500 software brands, the company operates in over 60 countries and is headquartered in Switzerland. 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.

Average Trading Volume: 472,224

Current Market Cap: CHF969.1M

See more insights into SWON stock on TipRanks’ Stock Analysis page.

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