The buyout group offered to buy the cloud-based accounting software developer with First Kraft, which currently owns 18.9% of Fortnox.
Plus, an all-cash takeover offer for Fortnox surprises short sellers and a creditor-on-creditor fight makes its way to Europe ...
Sweden's Fortnox said on Monday that its largest owner First Kraft and private equity group EQT had made a joint cash offer ...
In commodities news, Brent crude oil futures were up 2.5%, and gold futures were up 1.1%. Bitcoin climbed 1.3% to $83,621. On the currency front, the WSJ Dollar Index increased 0.3% to 99.83.
European shares fell to their lowest close in two months on Monday, as cautious investors fled risky bets after U.S.
The board of directors of Fortnox unanimously recommends the shareholders of Fortnox to accept the public cash offer from EQT X and First Kraft announced on 31 March 2025. BackgroundOn 31 March 2025 a ...
Moving over to a take-private. EQT and First Kraft have made a Skr54.9 billion ($5.5 billion; €5.0 billion) offer for Fortnox ...
Wall Street futures pointed to a sharply lower open as Trump’s comments over the weekend prompted a rush to the safety of ...
European shares dropped as investors reacted cautiously following President Trump's announcement of tariffs targeting all ...
A consortium including funds managed by EQT AB wants to take Swedish financial services firm Fortnox AB private in an offer ...
Investing.com -- Sweden-based accounting software company Fortnox announced on Monday that it had received a joint cash offer from its largest owner, First Kraft, and private equity group EQT (ST: ...