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SoftwareOne Launches Voluntary Offer to Acquire Crayon

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SoftwareOne Launches Voluntary Offer to Acquire Crayon

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

SoftwareOne Holding AG has launched a voluntary offer to acquire all outstanding shares of Crayon, aiming to create substantial synergies and enhance growth and profitability. This strategic move is expected to deliver significant value to customers, employees, and shareholders, with identified cost savings and revenue synergies, and has received support from key Crayon shareholders.

More about Crayon Group Holding ASA

Crayon Group Holding ASA, headquartered in Oslo, Norway, operates in 45 countries with over 4,000 professionals. It specializes in IT optimization and innovation, focusing on strategic software acquisition, IT estate optimization, and maximizing returns on investments in cloud, data, and AI. Originally centered on software procurement and asset management, Crayon has evolved into a trusted advisor in these areas.

YTD Price Performance: -1.91%

Average Trading Volume: 150

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $938M

See more data about CRAYF stock on TipRanks’ Stock Analysis page.

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