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

  • Wispy2891@lemmy.world
    38·
    1 year ago

    It doesn’t make automatically a good news, for example there’s a billionaire who took private ownership of an once famous social network and ran it to the ground completely annihilating its purpose