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SoftwareOne’s Acquisition of Crayon Nears Completion

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The latest announcement is out from Crayon Group Holding ASA ( (CRAYF) ).

SoftwareOne Holding AG is set to conclude its voluntary offer to acquire all outstanding shares of Crayon Group Holding ASA, with the offer period ending on 6 May 2025. The acquisition, involving a cash and share exchange, aims to enhance SoftwareOne’s market position and operational capabilities, with the transaction expected to complete in June 2025, subject to regulatory approvals.

More about Crayon Group Holding ASA

Crayon Group Holding ASA, headquartered in Oslo, Norway, operates across 45 countries with a team of over 4,000 professionals. The company specializes in IT optimization and innovation, focusing on strategic software acquisition, IT estate optimization, and maximizing returns on investments in cloud, data, and AI. Crayon has evolved from software procurement and asset management to become a trusted advisor in these areas.

YTD Price Performance: 14.12%

Average Trading Volume: 580

Technical Sentiment Signal: Sell

Current Market Cap: $1.11B

Learn more about CRAYF stock on TipRanks’ Stock Analysis page.

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