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

  • @AbidanYreEnglish
    26•1 year ago

    If they own 79%, Marcel can already make it do what they want.

    • TimLovesTech (AuDHD)(he/him)English
      35•1 year ago

      But you are still obligated to always act in the best interest of the shareholders. Private means you don’t answer to anyone outside the company and are not forced to do everything to pump the stock price every quarter.

      • @AbidanYreEnglish
        12•1 year ago

        For all practical purposes Marcel was the only shareholder anyway.