Suse Ownership dxwTqov
SUSE, the well-known Linux distribution and software company, is undergoing another ownership shift as it prepares to go private again. This decision comes shortly after its initial public listing in 2021. The move is primarily driven by EQT Partners, which has been the largest shareholder of SUSE, owning approximately 79% of its shares. EQT intends to buy out the remaining public shares at a price of 16 euros each, representing a significant premium of nearly 67% over the company's recent closing price.
Several sources discuss the implications of this transition. According to an article from TechCrunch, EQT's decision to take SUSE private marks a return to the company's previous status, as it has been involved in various ownership structures over the years. SUSE was acquired by Novell in 2003, then by The Attachmate Group in 2011, and later by Micro Focus International in 2014 before its public listing.
The Register highlights that the delisting from the Frankfurt Stock Exchange is set to occur just two years after SUSE became publicly traded. This rapid shift raises questions about the company's direction and future initiatives post-privatization.
In a report by ERP Today, SUSE's history of ownership changes is detailed, emphasizing its journey through various acquisitions and ownership models. The proposed buyout by EQT and the subsequent delisting from public markets are seen as pivotal moves that may influence the company's strategic direction moving forward.
Further details can be found in a Reuters article, which confirms EQT’s buyout offer and outlines the financial aspects of the deal. Meanwhile, ITPro raises several unanswered questions following SUSE's confirmation to go private, reflecting on what this might mean for stakeholders and the company's future.
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