OM:HEXA BElectronic
Hexagon Plans Octave Spin Off As Valuation And Governance Questions Grow
Hexagon (OM:HEXA B) has announced plans to spin off its Octave business into a separately listed company, with completion targeted for May 2026 pending shareholder approval.
An Investor Day has set out Octave's standalone growth strategy, including a focus on recurring revenue and profitability objectives after the spin.
Long-time board member Ola Rollén has declined re-election ahead of Hexagon's upcoming AGM, marking a significant change in the company's governance.
Hexagon, known for its...