2023-07-20 12:13:00
Software Inc
The Californian technology investor confirmed on Thursday that it intends to delist Software AG from the stock exchange.
(Photo: IMAGO/Zoonar)
Munich The US financial investor Silver Lake has secured 84.3 percent of the shares in Darmstadt-based Software AG. During the second acceptance period, many shareholders took the opportunity to sell their shares to Silver Lake for EUR 32 each.
The Californian technology investor confirmed on Thursday that it intends to take Software AG off the stock exchange in order to be able to implement its multi-year restructuring as undisturbed as possible by the capital market. Silver Lake is hoping for foreign trade approvals for the €3.2 billion takeover, including debt, by the fall.
More: Software takeover battle called off – Bain Capital sells shares in Silver Lake
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