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u-blox Holding AG ( (CH:UBXN) ) has issued an update.
u-blox Holding AG has received approval from SIX Exchange Regulation AG to delist its registered shares and has been granted exemptions from specific disclosure requirements. This move is in connection with a public tender offer by ZI Zenith S.à r.l., a subsidiary of Advent International, and marks a significant change in u-blox’s market presence, potentially impacting stakeholders by altering its public reporting obligations and trading status.
The most recent analyst rating on (CH:UBXN) stock is a Hold with a CHF140.00 price target. To see the full list of analyst forecasts on u-blox Holding AG stock, see the CH:UBXN Stock Forecast page.
More about u-blox Holding AG
u-blox Holding AG is a global leader in the automotive, industrial, and consumer markets, specializing in advanced positioning and short-range communication technologies. With its headquarters in Thalwil, Switzerland, and offices across Europe, Asia, and the USA, the company is known for its innovative and reliable solutions that enable precise positioning and wireless communication for people, vehicles, and machines.
Average Trading Volume: 41,826
Technical Sentiment Signal: Buy
Current Market Cap: CHF1.02B
Learn more about UBXN stock on TipRanks’ Stock Analysis page.