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

  • makingStuffForFun@lemmy.ml
    1·
    11 months ago

    If they’re public, they have huge pressure. If not, they can play their own game with a specific strategy that a shareholder might not like. So this could well be a good thing. Public trading usually leads to enshitification.

    • ag_roberston_author@beehaw.org
      3·
      11 months ago

      Marcel LUX III SARL

      Company wholly owned by the EQT group, a publicly traded global investment organization. This is just going to lead to more enshittification.