SoftwareOne in Advanced Talks Over Potential Acquisition of Norway's Crayon Group

Dow Jones

2024-12-13

By Dominic Chopping

Swiss software and cloud company SoftwareOne Holding is in advanced talks over a potential takeover of Norwegian IT services provider Crayon Group.

The two companies are discussing a potential voluntary offer by SoftwareOne to acquire Crayon for cash and shares, they said in separate announcements Friday.

There is no certainty that these discussions will lead to an offer being launched by SoftwareOne and the companies said they would provide further updates in due course.

Write to Dominic Chopping at dominic.chopping@wsj.com

(END) Dow Jones Newswires

December 13, 2024 02:06 ET (07:06 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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