Norwegian software group Crayon Group Holding ASA jumped by the most in more than four years after people familiar with the matter said its bigger Swiss rival SoftwareOne Holding AG is exploring a potential combination of the two firms.
SoftwareOne, which is considering a sale of itself, is also studying a possible merger with Crayon, Bloomberg News reported on Sept. 13. Apax Partners, which has emerged as the leading bidder for SoftwareOne, and the Swiss company’s key shareholders have been discussing various structures that would allow them to take both SoftwareOne and Crayon private and combine the two firms, the people said.
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