SoftwareOne Extends Offer Period for Crayon Acquisition

SoftwareOne Holding AG has announced an extension of the offer period for its acquisition of Crayon until April 29, 2025. The extension follows the initial period's promising interest, in line with company expectations, according to CEO Raphael Erb. The final update on initial acceptances will be announced on April 14, 2025.

This move aims to solidify a strategic merger of complementary businesses, enhancing customer value and positioning the combined entity as a global partner. The offer, initially announced on March 14, 2025, includes NOK 69 per share in cash and 0.8233 newly issued SoftwareOne shares per Crayon share.

Regulatory approvals have been obtained in several regions, and the extraordinary general meeting proceeds as scheduled today. The transaction remains subject to necessary approvals, with completion expected by June 2025.