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An update from u-blox Holding AG ( (CH:UBXN) ) is now available.
Advent International’s subsidiary, ZI Zenith S.à r.l., has announced the provisional end result of its public tender offer for u-blox Holding AG, with a total participation of 94.36% of the company’s share capital and voting rights. The transaction is expected to complete in the fourth quarter of 2025, leading to a squeeze-out procedure and delisting of u-blox shares from the SIX Swiss Exchange. Shareholders have approved all resolutions, including the election of new board members, which will take effect upon completion of the offer.
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 positioning and short-range communication technologies. The company is known for its high-precision technologies that enable precise positioning and wireless communication for people, vehicles, and machines. Headquartered in Thalwil, Switzerland, u-blox has a significant global presence with offices across Europe, Asia, and the USA.
Average Trading Volume: 78,160
Technical Sentiment Signal: Buy
Current Market Cap: CHF1.01B
See more insights into UBXN stock on TipRanks’ Stock Analysis page.