SoftwareOne Holding AG and Crayon Group Acquisition

SoftwareOne Holding AG is on the verge of acquiring Crayon Group Holding ASA, with an announcement potentially expected this month. Bloomberg sources close to the matter indicate that SoftwareOne is finalizing its proposal to take the Norwegian company private.

The acquisition is anticipated to be financed mainly or entirely through stock, according to reported information. Following this news, SoftwareOne's share price experienced a nearly 12% decline, trading at 6.39 Swiss francs, resulting in a firm valuation of approximately 1 billion Swiss francs.

In contrast, Crayon Group's stock price increased by 8.5% to 137.7 Norwegian crowns, leading to a market capitalization near 12.16 billion crowns.

SoftwareOne, while engaged in discussions about its own sale, has not issued any statements regarding the potential deal. Similarly, Crayon Group has not responded to requests for comment on the situation.

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