Marcel LUX III SARL (Marcel) as the largest shareholder in SUSE is planning to take the company private and delist it from the Frankfurt Stock Exchange. SUSE will be merged with an unlisted Luxembourg entity. Marcel currently owns a 79% stake in SUSE.

SUSE.com press release

  • kautau@lemmy.world
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    11 months ago

    Thankfully as only 30% of the other investors have that option, it appears the controlling entity can let them sell their shares if they want out in the direction the company is going