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2 years ago
EQT and First Kraft Offer for Fortnox Valued at $5.5 Billion
News Summary
Sweden’s Fortnox has received a joint cash offer from its largest owner, First Kraft, and private equity group EQT, valuing the accounting software firm at approximately 55 billion Swedish crowns ($5.5 billion). The consortium’s offer represents a 38% premium to the prior closing price, underscoring the strategic interest in Fortnox’s market position and growth potential.




