Walder Wyss with SoftwareOne on tender offer for Crayon

Software and cloud solutions specialist SoftwareOne through completion of its recommended voluntary share and cash offer for all issued shares in Crayon.  

the deal

Following fulfilment of the last closing condition, SoftwareOne has settled the offer with accepting Crayon shareholders receiving NOK 69 in cash and 0.8233 newly issued SoftwareOne shares. SoftwareOne has further implemented a compulsory acquisition of the remaining shares in Crayon, followed by a delisting of the Crayon shares from Euronext Oslo Børs, expected to be completed in July 2025.The new SoftwareOne shares are listed on the SIX Swiss Exchange and secondary listed on Euronext Oslo Børs with trading of the SoftwareOne shares commencing on 3 July 2025, under the ticker SWON.

The Walder Wyss team

Partner Hans-Jakob Diem (pictured left) and counsel Iliana Djagova (pictured right) led the corporate and M&A team on the matter, working alongside managing associate Dimitrios Berger (corporate/M&A), senior associate Christian A. Schmid (corporate/M&A), associate Viktoriya Chernaya (corporate/M&A) and junior lawyer Melanie Stofer (corporate/M&A), corporate and M&A trainees Armin Mandzuka and Justin Paljuh. Moreover, partner Thomas Meister provided tax advisory.

Wikborg Rein advised as to Norwegian law and Freshfields as to regulatory matters.