The latest announcement is out from Crayon Group Holding ASA ( (CRAYF) ).
SoftwareOne Holding AG has received shareholder approval for its planned acquisition of Crayon, marking a significant step in the transaction process. The approval allows SoftwareOne to issue shares to finance the acquisition and integrate Crayon’s expertise in IT optimization and innovation, potentially unlocking significant value for shareholders and enhancing its market position.
More about Crayon Group Holding ASA
Crayon Group Holding ASA, headquartered in Oslo, Norway, operates in 45 countries with over 4,000 professionals. The company specializes in IT optimization and innovation, acting as a trusted advisor in strategic software acquisition, IT estate optimization, and maximizing returns on investments in cloud, data, and AI. Originally focused on software procurement and asset management, Crayon has evolved to support companies in thriving today and scaling for tomorrow.
YTD Price Performance: -8.70%
Average Trading Volume: 530
Technical Sentiment Signal: Sell
Current Market Cap: $859.9M
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