SoftwareOne Says It Has Multiple Approaches to Go Private (1)

SoftwareOne Holding AG said it has been approached by several parties regarding a potential going-private transaction, just weeks after the Swiss company’s founders replaced the board of directors with candidates they had nominated.

The shares jumped as much as 5.8% in early trading in Zurich, the most in more than three months.

Software One has established a transaction committee, headed by newly appointed board member Till Spillmann, “to ensure an orderly follow-up,” it said in a statement on Wednesday. Committee members include all independent members of the board of directors, it said.

Founding shareholder Daniel von Stockar, elected ...