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Microsoft’s Reseller SoftwareONE Plans Swiss IPO

  • Shareholder KKR intends to retain “significant interest”
  • Implied enterprise value amounts to up to 4 billion francs
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Photographer: John Taggart/Bloomberg
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Swiss technology firm SoftwareONE AG plans an initial public offering aimed at raising its profile and giving it access to capital markets.

The deal is planned for the fourth quarter subject to market sentiment, the company said Monday. The share sale will consist entirely of secondary shares and the founding shareholders will keep the largest stake. Investor KKR & Co., which holds 25%, “intends to retain a significant interest following the IPO,” it said.