Private equity group Advent to buy U-Blox for $1.3 billion

Private equity group Advent International has agreed to take over Switzerland's U-Blox Holding in a cash offer worth CHF1.05 billion ($1.30 billion). +Get the most important news from Switzerland in your inbox U-Blox's board of directors unanimously supports the transaction and recommends that shareholders accept the offer, the company said in a press release on Sunday evening. The largest single shareholder, SEO Master Fund LP, which holds around 9% of the shares, has also committed to tendering its stake. The offer price of CHF135 per share in cash corresponds to a premium of 53% on the unaffected volume-weighted average price of the last six months up to 14 August 2025, i.e. before the first media reports on a possible transaction, according to the press release. This corresponds to a premium of 32% for the last 60 trading days. U-Blox describes the offer as an "attractive opportunity" for shareholders, employees and customers. Advent shares the long-term vision and will ...